Speculations on Recent Crypto Market Downturn

PANews posted on X (formerly Twitter). The recent sharp decline in the cryptocurrency market has sparked various speculations. One theory suggests that a major Asian entity may have triggered a cross-market crisis. Another speculation involves the U.S. and the UK potentially selling large amounts of seized Bitcoin. A third hypothesis points to a liquidity feedback loop caused by the depletion of 'deep pocket' funds. Lastly, there is speculation that veteran crypto investors are exiting the market. The question remains: which of these scenarios best explains the current situation?