Fundstrat’s Tom Lee says the crypto market’s continued decline can be traced back to the record-breaking liquidation event on Oct. 10, arguing that the shock severely damaged market makers and set the stage for weeks of weakened liquidity. Crypto’s Post-October Weakness Tied to Market Maker Stress, Tom Lee Says Fundstrat’s Tom Lee says the crypto […]Fundstrat’s Tom Lee Says October Liquidation Event Still Haunts Crypto Markets
Fundstrat’s Tom Lee says the crypto market’s continued decline can be traced back to the record-breaking liquidation event on Oct. 10, arguing that the shock severely damaged market makers and set the stage for weeks of weakened liquidity. Crypto’s Post-October Weakness Tied to Market Maker Stress, Tom Lee Says Fundstrat’s Tom Lee says the crypto […]