TechFlow news, on November 7, Tom Lee, chairman of BitMine, said in an interview with CNBC yesterday that the October 11 crash was the largest liquidation event in crypto history, followed by DeFi protocol incidents such as the Balancer hack, all of which severely damaged market confidence, so the market may need several more weeks to digest the impact of these events. The good news is that currently, the number of projects experiencing issues appears limited, so it does not seem to be a systemic problem.
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