Strategy Watch is our monthly read on fund performance, capital flows, and allocator positioning across digital assets, produced with @CIG_Crypto
Edition #8# is live now👇
Only 9 of the top 50 altcoins have beaten bitcoin:native since its all-time high.
ZEC leads by a wide margin, up 14x against Bitcoin.
HYPE, XMR and NEAR follow at 2–3x.
Holders are realizing profits on bitcoin:native.
However, the amounts remain relatively low, with $5.1B in net profit realized over the last 7 days.
They look closer to late 2023 levels than to what we saw at major tops.
The four-year cycle playbook many relied on has not worked for this $BTC bear.
At this point, the last three were more than twice as deep and weeks from their lows.
This one is 30% below its high and rising.
A late drop to their depth looks less likely by the week.
AI proliferation has not demonstrably caused real side-channel cryptography attacks.
Its now so cheap to get way more timing samples of sensitive operations on all devices, and to analyze it better.
Curious situation