Well-known shorts institution Citron: has shorted MSTR for Hedging, still bullish on Bitcoin

2024-11-21 14:56:53

Abstract generation in progress

BlockBeats news, on November 21st, well-known short-selling institution Citron Research officially posted on social media, stating that with BTC investment easier than ever (currently you can buy ETF, COIN and HOOD), the volume of MSTR has completely detached from the fundamentals of BTC. Although Citron is still bullish on BTC, we have hedged through the establishment of MSTR short positions. Citron said, 'Even Michael Saylor must know that MSTR is now overheated.'

BTC0.43%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes

Reward
1
1
Share

Comment

0/400

Oscnnn

· 2024-11-21 15:32

Citron Research's official social media post stated that it is now easier to invest in BTC than ever before (you can currently buy ETF, COIN, and HOOD), and MSTR's volume has completely deviated from the fundamentals of BTC. Although Citron is still bullish on BTC, we have hedged by opening MSTR short positions. Citron stated, 'Even Michael Saylor must know that MSTR is now overheated.'

View OriginalReply0

Topic
1/3
1BTC & ETH Launchpool Yield Exceeds 3%
14k Popularity
2White House Crypto Report
356 Popularity
3Fed Holds Rates Decision
3k Popularity
4Alpha Points System Opens
14k Popularity
5Ethereum 10th Anniversary
18k Popularity

sitemap