Former Wall Street Quantitative Analyst: Has Exited 75% of GBTC Positions
Former Wall Street quantitative analyst Tone Vays stated that he has personally exited 75% of his GBTC position and believes that the outflow of GBTC exceeds the total inflow of nine other spot Bitcoin ETFs, thereby putting pressure on the price of Bitcoin. However, Vays believes that this month and next month are good buying opportunities on dips.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of DOG/USDT, ORDER/USDT, BSV/USDT, STETH/USDT Margin Trading Services
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
