TheKingfisher
TheKingfisher|2月 25, 2026 17:13
Diversification benefits evaporate during liquidation cascades. Normal market: BTC - ETH correlation ~0.65 Stress events (2025): BTC - ETH correlation ~0.85 When liquidations trigger, assets move together. The October 11, 2025 event wiped out diversified portfolios simultaneously. Tail risk doesn't diversify.(TheKingfisher)
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