^ this. Feels like this shoe really hasn't dropped yet, just mentioned on Twitter in a thread or two. Overall this is the most shaken I've been in the crypto space in a long time; this last week or two. The unwinding of giant firms is behavior of degens, not institutions. Add bear already + macro economic / political issues, and crypto thus far has blown it proving "drought tolerant" to the world around it. I'm still long on blockchain, but right now doesn't feel so great.