Arthur Hayes: Family offices hold large long positions in tokens such as BTC, ETH
BitMEX founder Arthur Hayes stated, "Given the uncertainty of the U.S. election results, family office Maelstrom has invested 5% of its funds in pledged USDe (Ethena USD), which can earn about a 13% return. We maintain large long positions in Bitcoin, Ethereum and other tokens." Hayes added that after the U.S. election results are clear and the losing side accepts defeat, all sUSDe will be deployed into cryptocurrencies. Hayes joked that who wins doesn't matter in the short term. (CoinDesk)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
President of the European Central Bank: Interest rates are at an appropriate level