Bitcoin is down 17.3% over the past month, while STRC’s total return including dividends is 1.0%
Large investors’ moves can generally be interpreted in three ways:
① Long-term: building positions quarterly, with less focus on short-term price movements;
② Rebalancing: adjusting positions, which doesn’t necessarily indicate a bearish outlook;
③ Trading: short-term moves, often in and out quickly.
This may not be a bearish move; it could simply be the second case. We’ll have to see whether similar moves continue.
$BTC is currently at 66882, 24h -4.21%.
Large investors’ moves can generally be interpreted in three ways:
① Long-term: building positions quarterly, with less focus on short-term price movements;
② Rebalancing: adjusting positions, which doesn’t necessarily indicate a bearish outlook;
③ Trading: short-term moves, often in and out quickly.
This may not be a bearish move; it could simply be the second case. We’ll have to see whether similar moves continue.
$BTC is currently at 66882, 24h -4.21%.
