This always happens when the bear market comes, when the price crashed so extremely, that many investors, holders, and traders are not ready for the situation. But this is normal because they may put s much money in certain crypto and they experience extreme losses. Moreover, the ones who use loans to invest will be more depressed to see the market crash very quickly.
If we see, the situation also brings other FUD again, moreover the news about suicide people after Luna crashed market, this really influences the crypto world FUD.
That is why it has been said many times that investing in crypto is very risky. If we are not ready with every risk that we may experience n the future, better to stay away fromc rypto. Or we must be wise enough in investing, taking profit, not being greedy and be smart investing.