Hedgeye (🔗Twitter)[🤔➡️🔗🧵⚠️]
RT @HEDigitalAssets: Why has #ETH underperformed this cycle???
L2s might be part of the answer... As the proportion of Ethereum's transactions processed on its L2s increases, ETH's performance relative to #BTC declines further.
See our full research note on this dynamic and what it means for ETH: https://insights.hedgeye.com/digital-asset/
🌐 Прилетело из @BizFeed
RT @HEDigitalAssets: Why has #ETH underperformed this cycle???
L2s might be part of the answer... As the proportion of Ethereum's transactions processed on its L2s increases, ETH's performance relative to #BTC declines further.
See our full research note on this dynamic and what it means for ETH: https://insights.hedgeye.com/digital-asset/
🌐 Прилетело из @BizFeed