Didn't XMR follow ETH in the last dump? I have my buy orders in, but much lower than this just in case history repeats itself.
It has until recently. But now ETH is down 11.19% while XMR is down 0.63%. Also MAID that was following ETH has risen 23.64%.
https://coinmarketcap.com/#USD XMR's support at current levels is way stronger than ETH support at current levels so a decoupling is quite possible.
XMR has already "somewhat" decoupled from ETH a few weeks ago.
Not sure if anyone has posted this observation, but XMR/ETH is no longer at 1:10 ratio for some time already.
Michael Novogratz (ex-Fortress Capital) was recently reported to have purchased a significant stake in ETH, citing it as a promising asset (I paraphrase).
One wonders if he has bought more ETH on the way down, or if he has cut his exposure.