Founder of Wintermute: There is a lag in "BlackRock to Coinbase", and the sell-off has actually been completed in the ETF
2025-11-25 02:51:13
Commenting on "BlackRock moving large amounts of BTC and ETH to Coinbase", Evgeny Gaevoy, founder of Wintermute, said: "This is actually a very lagging indicator. The sell-off has already happened in ETFs. The same is often the case with on-chain transfers by market makers."
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