According to @KobeissiLetter, since January, crypto markets have experienced a significant uptick in 'flash crashes', resulting in a rapid loss of $300 billion within 24 hours, despite the absence of any major bearish news. This raises questions regarding market stability and the potential influence of automated trading systems.

According to The Kobeissi Letter, the number of 'flash crashes' in the crypto markets has significantly increased since January. Recently, the market experienced a rapid loss of $300 billion in just 24 hours without any major bearish headlines to justify the decline. This trend suggests heightened volatility and potential liquidity issues within the crypto space (source: The Kobeissi Letter).