PANews reported on October 25th that Tom Lee said in an interview with CNBC: "Cryptocurrency has just experienced the largest liquidation and deleveraging event in history, the impact of which may be several times that of the FTX incident, but Bitcoin's ultimate decline remained in the range of 3%-4%. This fully demonstrates that Bitcoin itself is becoming a very resilient means of storing value. Imagine if the same impact occurred in the gold market: even in the face of a major liquidity crisis, if gold only fell by a few percentage points, the market would regard it as a solid proof of value anchor. Bitcoin's current performance is exactly the same. Driven by stablecoins, Ethereum's Layer 1 and Layer 2 networks are experiencing significant growth in activity, but this fundamental improvement has not yet been fully reflected in the currency price - market pricing generally has a lag effect. From my observation, the continued warming of on-chain fundamental activity actually provides a solid basis for major market fluctuations before the end of the year."PANews reported on October 25th that Tom Lee said in an interview with CNBC: "Cryptocurrency has just experienced the largest liquidation and deleveraging event in history, the impact of which may be several times that of the FTX incident, but Bitcoin's ultimate decline remained in the range of 3%-4%. This fully demonstrates that Bitcoin itself is becoming a very resilient means of storing value. Imagine if the same impact occurred in the gold market: even in the face of a major liquidity crisis, if gold only fell by a few percentage points, the market would regard it as a solid proof of value anchor. Bitcoin's current performance is exactly the same. Driven by stablecoins, Ethereum's Layer 1 and Layer 2 networks are experiencing significant growth in activity, but this fundamental improvement has not yet been fully reflected in the currency price - market pricing generally has a lag effect. From my observation, the continued warming of on-chain fundamental activity actually provides a solid basis for major market fluctuations before the end of the year."
Tom Lee: Ethereum on-chain activity continues to heat up, which may provide a solid basis for a major market trend at the end of the year
PANews reported on October 25th that Tom Lee said in an interview with CNBC: "Cryptocurrency has just experienced the largest liquidation and deleveraging event in history, the impact of which may be several times that of the FTX incident, but Bitcoin's ultimate decline remained in the range of 3%-4%. This fully demonstrates that Bitcoin itself is becoming a very resilient means of storing value. Imagine if the same impact occurred in the gold market: even in the face of a major liquidity crisis, if gold only fell by a few percentage points, the market would regard it as a solid proof of value anchor. Bitcoin's current performance is exactly the same. Driven by stablecoins, Ethereum's Layer 1 and Layer 2 networks are experiencing significant growth in activity, but this fundamental improvement has not yet been fully reflected in the currency price - market pricing generally has a lag effect. From my observation, the continued warming of on-chain fundamental activity actually provides a solid basis for major market fluctuations before the end of the year."
Market Opportunity
TOMCoin Price(TOM)
$0.000137
$0.000137$0.000137
USD
TOMCoin (TOM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
SUI Surges From Consolidation, Buyers Regain Control Above $1.78
SUI had a good start to 2026 after a long consolidation, finally breaking higher above pivotal support. On the 4-hour timeline, the coin transitioned from relative
Share
Tronweekly2026/01/12 18:05
Shibarium releases security incident update: Specific bridge operations have been restricted, limiting the attacker's short-term BONE token staking
PANews reported on September 21st that the Shibarium cross-chain bridge, which connects the Layer 2 network Shibarium and Ethereum, was previously attacked by a flash loan, with approximately $2.4 million in ETH and SHIB stolen. Shibarium has now released a security incident update, stating: 1. Specific bridge operations have been restricted to prevent new unauthorized transactions; 2. Upgrade and restrict potential abuse paths (deposits/withdrawals/claims/rewards) and add targeted defensive controls to prevent abuse of delegated staking; 3. Recover and protect the at-risk BONE held by the staking managers. The attacker’s short-term BONE staking will be effectively restricted by intervention and protocol mechanisms. 4. Rotate validator signers and migrate contract control to multi-party hardware custody; continue the broad migration away from legacy keys; 5. Real-time monitoring of attacker traffic; automatic alerts and reporting to partners and exchanges; 6. Hire independent security researchers, incident response firms, and relevant departments.
Share
PANews2025/09/21 17:26
Trove ICO Rule Changes Allegedly Impact Trader Losses
Allegations of modifications to Trove's ICO rules reportedly influenced significant market reactions, leading to notable trader losses and concerns about fairness
Share
coinlineup2026/01/12 18:44