Looks like a slight deleveraging took place last night. How are there still massive hedge fund positions levered so highly across every CrYpTo asset on the planet? Every one of these managers should be doing something productive somewhere. An untold waste of human capital that doesn’t even outperform just holding #bitcoin
probably some quarter end rebalancing and I think it's options expiry day so more games than usual
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Thanos level rebalancing.
Utterly ridiculous.