Monad Co-founder: The conspiracy theory that Jane Street is suppressing Bitcoin below $150,000 doesn't hold water
Svmuu News: Keone Hon of Monad posted on X, stating that the conspiracy theory alleging Jane Street suppressed Bitcoin below $150,000 is unfounded.Hedging short IBIT positions with long futures positions means that, on average, other parties will end up holding short futures positions, which they must hedge with long spot positions.The sum of all positions in the market (converted to delta values) always equals the total supply of Bitcoin (approximately 20 million). Of course, any party can choose to short on their own, thereby increasing long positions. This is the case in all perpetual contract markets; however, it has nothing to do with IBIT or APs.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
A Guide to the Legality of Cryptocurrency Trading Apps and How to Identify Legitimate Platforms
-
2
What Is LBY? An Analysis of the Libonomy and Lobby Projects and Their Prospects
-
3
OKX OKX App Feature Overview and Step-by-Step Guide to Withdrawing Funds to Alipay via Fiat Currency Trading
-
4
Wall Street analysts are bullish on natural gas producer Expand Energy, SM Energy, and oilfield services provider SLB, citing strong Q2 results and growth prospects
-
5
What Is MOC Coin? An Analysis of Moss Coin, Money On Chain, and Their Trading Channels
-
6
Unveiling the Banana Gun Trading Platform: A High-Risk Cryptocurrency Trading Tool and Security Warnings
-
7
Analysis of BBT Token Value: Current Status of the BitBook Project and Investment Risk Assessment
-
8
Exchanging USDC for Chinese Yuan: How-To Guide and Important Notes
-
9
OXBULL (OXB) Token Analysis: Project Positioning, Current Status, and Future Prospects
-
10
What Is LITH? An Analysis of the Lithium Finance Token’s Features and Trading Platforms
Markets Today
Recommended Reading











