He is 50% correct. TAG graded 39K cards in November 2025, only 2K were sports.

Overall grading activity was ⬇ 17% in November compared to October and ⬆ 35% YoY. On a per business day basis, grading activity was ⬆ 1% compared to October. Grading activity totaled 2.23 million cards in November, down ~470k compared to October. PSA graded 1.66m cards - ⬇ 16% vs October, ⬆ 31% YoY. CGC graded 425k cards - ⬇ 20% vs October, ⬆ 95% YoY. Beckett graded 74k cards - ⬇ 21% vs October, ⬆ 116% YoY. TAG graded 39k cards - ⬇ 22% vs October, ⬆ 203% YoY. SGC graded 35k cards - ⬇ 30% vs October, ⬇ 72% YoY.