NYDIG suggests $1.3B IBIT sale was whale exiting directional trade
NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.
NYDIG’s Greg Cipolaro says a sale below market price and giving up millions of dollars for immediate execution indicates a large directional holder exited a trade on BlackRock’s IBIT last week.
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