Since we all know Binance to be largest cryptocurrency world exchange couple with its situation currently, people may like to take action by pulling out their investment and assets from that exchange people who are holding BNB, BUSD in Binance exchange are likely trading it to usdt as well as converting their bitcoin holdings to usdt Stablecoin to secure their investment. I think this could be the most reason why we are facing this bear market currently, to me I don't think this really calls for so much panicking.