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Why Is Crypto Crashing? | Crypto Town Hall With Mark Cohodes

The Wolf Of All Streets

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Introduction

I expected that this would hit on a weekend with thin order books. And I do think that, you know, I was trying to dig through this morning quietly through the books on some of the exchanges. And I can't substantiate this at all. It kind of feels like maybe some of the market makers just disappeared. All of a sudden, the books are just really thin. That's interesting. If they're afraid to do business on any of the larger exchanges, they might stop providing as much liquidity and keeping the spreads tight. So for you to say, it's probably market makers pulling out, makes it really interesting.

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