Billions in leveraged trades were wiped out across just three major exchanges. 11 of the top 100 cryptocurrencies are fully centralized and permissioned. Centralized wallets expose users to hacking, fund freezes, and loss of control. The recent crypto market crash wiped out billions of dollars in value within minutes. But beyond the red charts and liquidations, it also raised a far more serious question: Are investors ignoring how centralized the crypto ecosystem has quietly become? As reported by Bloomberg , just a few big exchanges control most of the market activity. Out of nearly $19 billion in leveraged trades that were wiped out during Friday’s crash, the majority came from only three platforms: Hyperliquid, Bybit, and Binance. This kind of concentration shows how centralized crypto trading still is, even within platforms branded as “decentralized.” I… Read The Full Article Are Investors Ignoring the Centralization Risks in the Top 100 Coins? On Coin Edition .