Yesterday’s cryptocurrency market crash, which significantly affected Bitcoin (BTC), Ethereum (ETH), and a wide array of altcoins, has raised serious questions about the underlying mechanisms driving this volatile market. Three anonymous addresses are being closely linked to the incident, drawing comparisons with past events like Three Arrows Capital’s collapse. The U.S. Treasury Secretary, Scott Bessent, echoed these concerns, calling for regulatory clarity in the digital asset space, emphasizing the need for well-defined rules and oversight. Experts believe this incident exposes vulnerabilities within the unregulated crypto market, while also highlighting the potential for systemic risks if these weaknesses are not addressed. The recent crash has led to increased activity on exchanges and wallets, which could indicate further volatility in the near future.