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The Week in Crypto — Deleveraging, Not Derailing
Sharp flush, quick footing. A broad crypto deleveraging early in the week triggered +$1B in futures liquidations, but majors stabilized around well‑watched levels (BTC ~$113k, ETH ~$4.3k). ETFs showed mixed flows into the weekend, then a notable $363M outflow on Monday. • Structural tailwind in sight. Ethereum core devs scheduled the “Fusaka” hard fork for Dec. 3, followed by blob‑capacity bumps via two short BPO forks — an explicit path to cheaper rollups and higher throughput. • DeFi’s base is bigger. DeFi TVL reclaimed ~$170B, with Aave notching fresh records in deposits — evidence that on‑chain ... (full story)
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