Replying to Avatar bitcoinlimit

For the past 3 Weeks

#Bitcoin ETFs Inflow: $4.7B

eth etfs inflow: 0

I hope there are no fans of this shitcoin on Nostr. But If there are, this is your wake-up call. 💀⚡️
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Thomas 1y ago

Yeah massive inflows. I always wonder wtf is selling since the price increase is still moderate despite ATL of supply at exchanges and the high buy volumes. 🤔🤷🏼‍♂️

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Discussion

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2bc 1y ago

Premium trade on the futures trade is part of the story

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Thomas 1y ago

What does that mean? Don’t get it.

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2bc 1y ago

Traders buy Bitcoin long and short futures whenever the gap between those two is significantly greater than the risk free rate. Lately that gap has been in the 7% range, which is attractive enough to put money in both directions short term.

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Thomas 1y ago

Ah ok 👍🏻