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Home > News > BitCoin > Ether’s $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says

Ether’s $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says

  • February 22, 2024
  • Posted by: admin
  • Category: BitCoin, Blockchain, Cryptocurrency, Investments
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Options dealers likely bought ETH in spot/futures market to hedge their short call exposure, adding to bullish momentum, BloFin’s Griffin Ardern said.

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