Odaily星球日报讯 QCP Capital 发文指出，市场将继续存在抛售压力，鉴于长期持有永续头寸和期权头寸的成本很高，现有的 Mt.Gox 债权人可能没有对冲。预计短期内市场会有所缓解，鉴于 7 月份以太坊 ETF 获批的潜力较大，似乎应该逢低买入。

QCP Capital：Mt.Gox债权人或无对冲，当前加密市场仍存抛压

Odaily Odaily News QCP Capital pointed out that there will continue to be selling pressure in the market. Given the high cost of holding perpetual positions and option positions for a long time, existing Mt.Gox creditors may not be hedged. It is expected that the market will ease in the short term. Given the high potential for Ethereum ETF approval in July, it seems that it is worth buying on dips.

QCP Capital: Mt.Gox creditors may have no hedging, the current cryptocurrency market still has selling pressure.

QCP pointed out that the price of BTC plummeted to a low of $60,500 after Mt Gox announced that it would start distribution in early July. Mt Gox has transferred more than 140,000 BTC (worth $9 billion) this year to prepare for repayment. However, the low activity in the options market in July indicates that the market does not expect the distribution itself to cause sharp fluctuations, and it is recommended to deploy an accumulation strategy.

QCP: July options market activity was low, indicating that the market did not expect Mt Gox distribution to trigger sharp volatility

Odaily Odaily News QCP Capital said in a market analysis report released last weekend: "Bitcoin miners are facing huge selling pressure because the break-even price has risen after the halving event. Miners' Bitcoin holdings have fallen to the lowest level in 14 years, and total reserves have decreased by 50,000 from the beginning of this year." It also said: "The market has also been hit by a large amount of new supply. It is said that the German government has recently sold about 3,000 BTC, and there are 47,000 BTC to be sold." (CoinDesk)

QCP Capital: Bitcoin miners face huge selling pressure, total reserves reduced by 50,000 compared to the beginning of the year

The old bankrupt Japanese exchange Mt. Gox notified creditors on 6/24 that it will begin distributing Bitcoin (BTC) and BCH in July, causing market panic and selling pressure. Bitcoin fell below the $60,000 mark yesterday. However, Galaxy Research Director Alex Thorn believes that the selling pressure on Bitcoin is smaller than everyone expected, so please don’t worry too much.
creditors have been stuck in mt gox bankruptcy for 10+ yrs–final...