Storage Market Plunges Due to Institutional Outflow and Leveraged Liquidations, Leto Bao Comments on July 4

According to BlockBeats, Leto Bao commented on the storage market decline on July 4, attributing the sharp drop to massive institutional withdrawal combined with forced liquidations of leveraged positions, which triggered a cascade of sell-offs. Bao noted that reducing leverage exposure is healthier for the market in the long term.
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