TechFlow news, November 21 — BitMine Chairman Tom Lee said in a CNBC interview that the current weakness in the crypto market closely resembles the sharp decline on October 10, when a stablecoin pricing error triggered the largest liquidation event in history, wiping out nearly 2 million accounts and causing liquidity to instantly dry up. Lee noted that such deleveraging cycles typically last about eight weeks, and as we are now in the sixth week, the market may be nearing the end of its adjustment phase.
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