Tom Lee: It appears that one or two market makers may have significant gaps in their balance sheets.
Foresight News reported that BitMine Chairman Tom Lee stated on social media in the early hours today that the current weakness in the cryptocurrency market has clear characteristics, suggesting that one or two market makers may have significant "gaps" in their balance sheets. Tom Lee pointed out that "sharks" in the market are circling, attempting to trigger liquidations and drive down the price of BTC. He believes this pain is temporary and will not change Wall Street's ETH supercycle trend being built on the blockchain. He emphasized that now is not the time to use leverage and advised avoiding liquidation.
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