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CryptoQuant CEO: Hedge fund-operated CeFi stablecoins are only effective in a bull market
2024/04/05 02:48
CryptoQuant CEO Ki Young Ju stated on social media that if there is a way to short BTC by holding some DeFi-wrapped BTC, then the market size will be smaller than its TVL. This is because CeFi stablecoins operated by hedge funds are only effective in bull markets.
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