Nakamoto is not telling an exciting story this time, but treating $BTC positions as a business that needs management. Using options to collect premiums and conveniently hedge, it shows that holding institutions have started to take volatility more seriously. For $BTC , this isn't news that will immediately pump the price, but it indicates that the trading tools deep in the market are still continuing to mature.


$OP
BTC-2.19%
OP-3.19%
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