Note from Spencer Hallarn, our Global Head of OTC: "As equity markets get smashed today, a rather peculiar rally in crypto especially centered in old school tokens: FIL, LTC, NEAR, DOT, ETC. One theory is this could be tied to Oct. 10 and maybe some exchange is repurchasing spot to make folks whole that had liquidations. These moves are unquestionably spot led, which isn't typical with pervasive negative funding across the board." Have a great weekend.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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