Shark Tank star Kevin O’Leary says a massive crypto panic is on the horizon. “No big shots have zeroed out yet and I think it’s still coming. It’s hard to say who because it’s going to be because of leverage and some kind of relationship held by counterparties that they haven’t disclosed, I’m just guessing right now, but if that happens In this case, it would be very healthy for the market. Voyager is too tiny. It doesn’t matter. The rest of the parties are a bit irrelevant in terms of total market capitalization. The total market capitalization of Bitcoin and the cryptocurrency market itself is almost cut in half, so you will Think we’re heading towards the bottom.”
Furthermore, Kevin O’Leary emphasized that he is still waiting for a major capitulation event that would shake the crypto industry.