wolfbearclaw on Nostr: I thought I heard that hedge funds have a percentage of asset types they have to ...
I thought I heard that hedge funds have a percentage of asset types they have to maintain and when one asset needs to be sold the % needs to be rebalanced. This means BTC has to be sold off in tandem with other assets.
I really forget the source of where I heard this and I think it was also back in 2022 with the other crashing and burning of Luna, Celsius, FTX etc.
Published at
2023-03-10 15:45:37Event JSON
{
"id": "0d814ffaeb0a428c24d1e7b35fe25adfde6401b7684578db6aeaa3b2d2d807f8",
"pubkey": "0b963191ab21680a63307aedb50fd7b01392c9c6bef79cd0ceb6748afc5e7ffd",
"created_at": 1678463137,
"kind": 1,
"tags": [
[
"e",
"e38818ea059349ebe67c1362d3e9739eb9f83e11dba026e7315fa99506247282",
""
],
[
"e",
"a49aff6844d12554fc95130ebf503b86a93b3d56f2781bec8cbae1883763a3e3"
],
[
"p",
"cc76679480a4504b963a3809cba60b458ebf068c62713621dda94b527860447d"
],
[
"p",
"3f770d65d3a764a9c5cb503ae123e62ec7598ad035d836e2a810f3877a745b24"
]
],
"content": "I thought I heard that hedge funds have a percentage of asset types they have to maintain and when one asset needs to be sold the % needs to be rebalanced. This means BTC has to be sold off in tandem with other assets. \n\nI really forget the source of where I heard this and I think it was also back in 2022 with the other crashing and burning of Luna, Celsius, FTX etc.",
"sig": "21517ff73df51c34a61a573a8237723fecf1c3f090caa71d01acb46eac9f972ae08f1e6893aa7ae729056005e46f50a793633e3005158057f0e6b9c2d5b54efc"
}
