Even for the biggest and best crypto assets, like Bitcoin (BTC +0.99%), Ethereum (ETH +3.62%), Solana (SOL +2.90%), and XRP (XRP +4.71%), the Oct. 10 flash crash created significant sour sentiment. And, with the crypto sector’s weakness continuing rather than abating in the weeks after the crash, fears are now amplifying, with many investors using a bad month as a referendum on the whole asset class. Talk of dumping crypto and rotating the proceeds into equity index funds is loud and getting louder by the day.
So, without further ado, let’s take a look at the chart that’s making crypto investors dump their holdings, and then we can evaluate…
