BTC -2.5% · ETH -2.4% · SOL -3.5% · $385M liquidated (82% longs) · top mover SWITCH +10712%
BTC bled -2.5% on the day, ETH -2.4%. $385M liquidated, 82% longs wiped — hardest hit BTC. Top runner SWITCH +10712%. On the wire: US regulators push user ID requirements for stablecoin issuers akin to regulated banks. Verdict: 🐻 bears took the day.