$BTC In the afternoon, it touched 80,600, then turned straight back down.
It fell 3.44% in 24 hours, and this time the 80,000 level didn’t hold. Off-exchange funds saw outflows from both sides yesterday: $261 million from BTC and another $130 million from Ethereum.
But short positions have already piled up to $1.45 billion. A hedge fund opened a short position in a decentralized perpetual contract and is sitting on $331 million in unrealized profits. The counterparty to this trade is still unknown.
Let’s see if 80,500 holds before talking about what’s next.
#BTC午盘 #整数位得而复失 #ETFDoubleOutflows
It fell 3.44% in 24 hours, and this time the 80,000 level didn’t hold. Off-exchange funds saw outflows from both sides yesterday: $261 million from BTC and another $130 million from Ethereum.
But short positions have already piled up to $1.45 billion. A hedge fund opened a short position in a decentralized perpetual contract and is sitting on $331 million in unrealized profits. The counterparty to this trade is still unknown.
Let’s see if 80,500 holds before talking about what’s next.
#BTC午盘 #整数位得而复失 #ETFDoubleOutflows