ME News reports that, as of October 10 (UTC+8), the implied probability of a 25-basis-point Fed rate hike in October is approximately 15.5%. Trader tetrose holds 297,800 long positions on the related contract, valued at $46,200, with an unrealized loss of $23,600; their BTC short position amounts to 20.95 BTC, valued at $1.7345 million, with an unrealized loss of $6,491; additionally, they hold a S&P 500 index short position worth $2.7115 million, with an unrealized loss of $1,666. The combined notional value of the two short positions is approximately $4.45 million. (Source: ODAILY)
Trader Tetrose Holds $4.45M in Short Positions Ahead of Fed Rate Decision
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Summary
Trader Tetrose holds $4.45M in short positions, including $1.73M in BTC and $2.71M in S&P 500 index shorts. The trader also holds 297,800 'Yes' positions on a 25-basis-point Fed rate hike in October, valued at $46,200. This positioning reflects a blend of value investing in crypto and technical analysis-based crypto strategies as traders prepare for key macro events.
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