CoinShares head of research: most of the basis trading position squaring, the wave of selling is suspected to be receding
2025-02-28 10:47:29
On February 28, James Butterfill, head of research at CoinShares, wrote on the X platform: "Although the total net outflow of bitcoin and digital asset ETP/ETF has reached $2.60 billion so far this week (a record high), it looks like most of the basis trades are in position squaring and the wave of selling is subsiding."
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