“This shows more positioning/engagement from investors,” said Florian Giovannacci, head of trading for Covario, a prime brokerage for digital assets. Giovannacci notes that this isn’t a sign of bullish or bearish positioning, though, and that bitcoin basis levels are a better indicator for that. www.coindesk.com
“This shows more positioning/engagement from investors,” said Florian Giovannacci, head of trading for Covario, a prime brokerage for digital assets. Giovannacci notes that this isn’t a sign of bullish or bearish positioning, though, and that bitcoin basis levels are a better indicator for that.
www.coindesk.com