Take a look at the spot buying It has been going up since the US market open and yet Bitcoin has been underperforming stocks Why? Because perps are shorting like hell, and this has been happening for weeks now It looks like someone is trying to fill their billion dollar balance sheet hole
SweepShare

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.