Tom Lee: The deleveraging event in October last year had an impact on the collapse of the Super FTX

Tom Lee stated on the podcast "The Compound" that the largest deleveraging event in cryptocurrency history that occurred in October last year had a greater impact than the FTX crash. A trading platform triggered a chain of automatic liquidation due to pricing loopholes, resulting in the liquidation of over 2 million accounts worldwide, the destruction of about one-third of market makers, damage to the trading platform's balance sheet, and serious impact on the entire ecosystem. Tom Lee also pointed out that the selling pressure has not completely ended and there is currently no clear rebound signal.