8 () posted 2 years ago by pkvi 2 years ago by pkvi +13 / -5 12 comments share 12 comments share save hide report block hide replies
Hedgies unloading their bitcoin positions to raise liquidity for margin calls on leveraged stock positions.
This is hardly rocket science.
In other news, bitcoin has appreciated an average of 198% per year since its inception.
But please keep putting your super-valuable totally not dogshit fiat dollars in the bank for a 0.01% annual interest rate.