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Tom Lee: The Pain is Short-Term, Won't Alter ETH's Supercycle
BlockBeats News, November 16th, Tom Lee, Chairman of Bitmine, Ethereum's first institutional holder, said: "Recently, one (or two) market makers with significant balance sheet issues have exposed a vulnerability in the crypto market, with whales circling, intending to trigger liquidation and sell off BTC. Is this pain temporary? Yes. Will this change ETH's super cycle (i.e., Wall Street building an ecosystem on the blockchain)? No. But now is not the time to use leverage, don't get liquidated."
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