feelancer21 on Nostr: I think last week a hedge fund had to close its MSTR-BTC spread trade, which led to a ...
I think last week a hedge fund had to close its MSTR-BTC spread trade, which led to a short squeeze in MSTR and a long squeeze in BTC.
If the MSTR premium now tightens again as spot demand increases, that would be incredibly bullish.
Published at
2024-10-14 08:59:30Event JSON
{
"id": "0d073f8b73dbe25260636b398c68a9f77e86bfa9798a831b45135ef841afd696",
"pubkey": "f5c22b18c3b40e3d207ebf445524b307f01b28499c25117d4694cb9c344c21fc",
"created_at": 1728896370,
"kind": 1,
"tags": [],
"content": "I think last week a hedge fund had to close its MSTR-BTC spread trade, which led to a short squeeze in MSTR and a long squeeze in BTC. \nIf the MSTR premium now tightens again as spot demand increases, that would be incredibly bullish.",
"sig": "a8ba11ba7dee2e816c0a92d828c61bbb4bc710636f9949687493329a7227d423b67e4989be7ada76fe61e18e2b41fb86d437674af3e8fc2618d469d1b65e283c"
}
