📄🟡 1CC Alpha Report: Jun 12, 2023

Hello darkness my old friend.

Heavy market retracement, most altcoins retrace all of earl 2023 gains, with many even posting intra-year lows. Was Capo right all along? Nearly $400 million was liquidated.

The biggest losers are the cryptos the SEC deemed as securities and illiquid alts. Robinhood delists $SOL, $ADA, and $MATIC, telling users to withdraw or sell. Ongoing liquidity dra…