Well, I just read somewhere that over $4.5B was liquidated in 24hours, which puts things into perspective.
However, I still believe the game now for these institutions and corporations is to have a foothold in the crypto industry. It's a means to their endgame--profit. If crypto does revolutionalize the world they want to be in a comfortable position where they can leverage from it, which makes me believe selling at this point for them isn't much of an option.
Posted Using LeoFinance Beta