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RE: Who is Buying the BTC dip with $400mm?

in #bitcoin6 years ago (edited)

@liotap and @armentor. Yes, they would be negligent if they don't even take a small position, which is required to become a legitimate market maker. Aside from their own long positions and / or purchasing on behalf of clients, financial institutions need a cyrpto position to become a legit market maker. There is too much lost business in trading for them to ignore this asset class. position.