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Delphi Digital
@delphi-digital
Dispersion Accelerates Post ETH-ETF Approval🔍 A few months ago, @ceteris discussed the notable dispersion seen in crypto this year. Updated numbers today show this trend continues. Majors like BTC, ETH or SOL provide most returns - few other sectors are worth the risk. 👇
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Delphi Digital
@delphi-digital
Zooming in further on the performance following the ETH ETF approval reveals that nearly every non-BTC/ETH coin are down $ETH is up 13%, but nearly everything else continues to be hit. The entire ETF move was done in a day and has now retraced ~13% of this surge.
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Delphi Digital
@delphi-digital
$SOL is down 14%. Modular, Cosmos, AI, SOL DeFi, and even ETH DeFi, continue to decline. Since the ETF approval, there has been a full rebalancing from alts to ETH, with a few exceptions, like $TON, and $PEPE leading the “ETH Memecoin” trade.
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