Alts are getting a bid without everyone piling into perps yet.. i really like it.. - 72.5% of the altcoins outperformed BTC over the past week.. august’s squeeze only reached 39% - Alt perp positions, measured in coins, barely grew over the last 30 days dollar OI can go up just because coins pump.. measuring in coins helps show whether traders are actually adding positions. so the rally is spreading without a big rush into perps across the board which makes me think this rotation has more room. so i’m watching the alts already beating BTC.. those are the ones i’d expect the perp crowd to chase if this keeps going
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