Tom Lee: Factors such as the tech-stock sell-off, liquidity being squeezed by the Anthropic IPO, and some holders cashing out after Binance was hacked for $6.3 billion led to….
Whether officials froze the relevant contracts promptly often affects whether losses continue to grow.
Trading volume is the least likely to lie; whether news has any effect is clear from trading.
$ETH .

Just a few notes, not investment advice.