"White-Haired Stock God" Serenity: JPMorgan Chase increases holdings in Sivers, signaling institutional funds entering the market.

"White-Haired Stock God" Serenity: JPMorgan Chase's increased holdings in Sivers release a signal of institutional funds entering the market. BlockBeats news, June 8, "White-Haired Stock God" Serenity stated that the market may have underestimated the significance of JPMorgan Chase disclosing ownership of over 5.25% of Sivers ($SIVE).
He pointed out that an investment scale of $135 million is not large for major U.S. institutions, but due to the limited circulating shares, institutions can only gradually absorb chips from retail investors.
Next, three things need to be watched: whether related funds continue to flow in, whether on-chain trading volume and holdings continue to expand, and whether project parties or regulators provide new confirmation information. A single piece of news can only indicate that sentiment has been ignited; subsequent data will determine whether it can develop into a trend.
Risks should also be considered: Serenity believes that JPMorgan Chase's entry signals to other institutions that large funds are buying circulating shares, which may further attract more institutional funds to follow.
At the same time, because Sivers has a high short position in circulating shares, short-selling institutions including some Swedish hedge funds and quantitative funds may face short covering pressure.
#sive # On-chain data #监管 # Blockchain #CryptoMarket