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In a sea of red, only a few of our indices registered positive returns in yesterday’s session, namely Ethereum Eco and L2s. Notably, Ethereum Ecosystem and L2 tokens were among the hardest hit in the selloff on Monday, so perhaps we’re seeing some resistance forming. Meanwhile, gold continues to go from strength to strength, hitting yet another all-time high of $3,770. 

On Monday, approximately $1.7 billion in leveraged positions were liquidated as crowded longs unwound en masse. BTC plunged nearly 3%, while ETH and SOL suffered sharper declines of 6-7%. Markets have attempted to…

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