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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

Bitget2024/01/27 01:20

Former Wall Street quantitative analyst Tone Vays stated that he personally has exited 75% of his GBTC positions, and believes that the outflow from GBTC exceeds the total inflow of nine other spot Bitcoin ETFs, thus putting pressure on Bitcoin prices. However, Vays thinks this month and next are good opportunities to buy at a low price.

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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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