Hedge funds establish a $1.7 billion ETH short position with an Annual Percentage Rate of 13%

[Coin World] Hedge funds have established a $1.73 billion short position on ETH contracts at CME, utilizing basis trading strategies to profit during the rise of ETH to $3,000. This trading strategy involves shorting ETH futures at CME while purchasing spot ETFs, capturing an annual percentage rate of up to 9.5%, while the Ethereum ETF set a record of $421 million in capital inflow in a single day. Traders can also enhance their returns by staking spot ETH, gaining an additional 3.5% yield.

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SolidityStrugglervip
· 07-16 17:39
This profit is a bit outrageous.
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StealthMoonvip
· 07-16 14:03
Suckers are still greedy, while the Whale has already run away.
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Arman1234vip
· 07-14 14:56
Bull Run 🐂
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TokenUnlockervip
· 07-14 12:10
I'm running away again under the umbrella~
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AlgoAlchemistvip
· 07-14 12:08
It's really nice to have money to make and have fun.
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governance_ghostvip
· 07-14 12:08
Once the suckers of ETH have been played, it will switch to the main rise.
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BtcDailyResearchervip
· 07-14 11:57
play people for suckers just play, trap a 13 or still trap
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BlockchainDecodervip
· 07-14 11:48
Based on historical data, it is difficult for basis returns to maintain such high stability.
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