Now Reading: Celestia’s TIA Posts Largest Month-to-month Acquire This 12 months Whilst Impending $1.13B Token Unlock Spurs Hedging
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Celestia’s TIA Posts Largest Month-to-month Acquire This 12 months Whilst Impending $1.13B Token Unlock Spurs Hedging
Celestia’s TIA Posts Largest Month-to-month Acquire This 12 months Whilst Impending $1.13B Token Unlock Spurs Hedging
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The bias for shorts, seemingly stemming from the hedging exercise, may need led to a “brief squeeze,” contributing to the TIA rally. A brief squeeze occurs when the asset worth stays resilient, opposite to expectations, forcing bears to shut their positions, that are bets that an asset will drop. That, in flip, places upward strain on costs.
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