SPREAD SCORECARD: LONG $NEAR / SHORT $BTC
Net Spread: +$225.59 Combined Gain
• Long Leg: $NEAR (Long)
Driver: Phase 4 unlock drought with 100% gas fees burned on-chain via HSP-027 and programmatic NEAR Intents cross-chain buybacks
• Short Leg: BTC (Short)
Drag: BTC macro systematic exposure hedge anchor capturing +10.51% APR carry against cyclical momentum overextension (+2.30σ) and 0% direct holder fee accrual
• Pair PnL: +$225.59
• Position Type: 1-to-1 Balanced Hedge
Live execution & verified positions on Binance Copy Trading:
https://www.binance.com/en/copy-trading/lead-details/4483279284065330433?timeRange=30D
#NEAR #BTC #BinanceSquare
Net Spread: +$225.59 Combined Gain
• Long Leg: $NEAR (Long)
Driver: Phase 4 unlock drought with 100% gas fees burned on-chain via HSP-027 and programmatic NEAR Intents cross-chain buybacks
• Short Leg: BTC (Short)
Drag: BTC macro systematic exposure hedge anchor capturing +10.51% APR carry against cyclical momentum overextension (+2.30σ) and 0% direct holder fee accrual
• Pair PnL: +$225.59
• Position Type: 1-to-1 Balanced Hedge
Live execution & verified positions on Binance Copy Trading:
https://www.binance.com/en/copy-trading/lead-details/4483279284065330433?timeRange=30D
#NEAR #BTC #BinanceSquare