Tom Lee: There is a significant "gap" in the balance sheet of one or two suspected market makers

BitMine Chairman Tom Lee posted on social media early this morning, stating that the current weakness in the cryptocurrency market has distinct 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 attacking, trying to trigger liquidations and push BTC prices down. He believes this pain is temporary and will not change the ETH supercycle trend that Wall Street is building on blockchain. Now is not the time to use leverage, and he advises avoiding liquidation.