coin-img-ETHETH-5.78%coin-img-BTCBTC-5.66%coin-img-SOLSOL-3.15%coin-img-UCNUCN+0.94%coin-img-XRPXRP-5.04%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+1.64%coin-img-DOGEDOGE-4.49%coin-img-ETHETH-5.78%coin-img-BTCBTC-5.66%coin-img-SOLSOL-3.15%coin-img-UCNUCN+0.94%coin-img-XRPXRP-5.04%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+1.64%coin-img-DOGEDOGE-4.49%coin-img-ETHETH-5.78%coin-img-BTCBTC-5.66%coin-img-SOLSOL-3.15%coin-img-UCNUCN+0.94%coin-img-XRPXRP-5.04%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+1.64%coin-img-DOGEDOGE-4.49%coin-img-ETHETH-5.78%coin-img-BTCBTC-5.66%coin-img-SOLSOL-3.15%coin-img-UCNUCN+0.94%coin-img-XRPXRP-5.04%coin-img-USDCUSDC+0.03%coin-img-ASTERASTER+1.64%coin-img-DOGEDOGE-4.49%
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Benjamin Njiri

Tom Lee Attributes Bitcoin Sell-Off to Market Maker Distress Following October Flash Crash

Fundstrat's Tom Lee characterized Bitcoin's recent decline as temporary market maker distress following the October 10 flash crash. He projected potential recovery 6-8 weeks after the deleveraging event, suggesting stabilization after November 27 or in early December. Spot Bitcoin ETFs recorded monthly outflows of $2.3 billion, the second-largest since launch.
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