According to @KobeissiLetter, the cryptocurrency markets have experienced a significant liquidity crisis, with a staggering $325 billion wiped off the market cap since Friday morning. Notably, $100 billion was lost in just one hour without any major news events, indicating potential underlying liquidity issues. Traders should be cautious of volatility as the absence of external factors suggests internal market weaknesses. Source: @KobeissiLetter.

According to @KobeissiLetter, the memecoin market has experienced a severe liquidity crisis, with more than $6 billion in market cap disappearing within a span of three hours. This rapid decline in liquidity may indicate a critical turning point for traders focusing on memecoins, suggesting a need for caution and reassessment of trading strategies in this volatile sector.