According to @KobeissiLetter, ETH fell about 6% intraday on Nov 13, 2025, showing sharp downside momentum for the session, source: @KobeissiLetter on X. According to @KobeissiLetter, leverage is redefining crypto markets, highlighting leverage as a key driver of near-term crypto price action, source: @KobeissiLetter on X. No specific price levels, funding data, or liquidation figures were provided in the update, source: @KobeissiLetter on X.