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Former Wall Street Quantitative Analyst: Has Exited 75% of GBTC Positions

Former Wall Street Quantitative Analyst: Has Exited 75% of GBTC Positions

CointimeCointime2024/01/27 03:01
By:Cointime

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.

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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.

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