Robinhood just dumped -7.72% AH after missing earnings hard

Revenue: $1.42B vs $1.44B est (miss)
EPS: $0.51 vs $0.56 est (miss)

Crypto revenue beat estimates but still DOWN 55% YoY

Retail liquidity drying up or just rotating into CEXs? Either way this is a red flag for US retail participation in the cycle