Offshore Bitcoin futures crash 97% as traders abandon traditional risk
A strange thing has happened to Bitcoin's derivatives market over the past five years. The market is larger, institutions play a much bigger role, exchanges offer more sophisticated products, and traders have become far better at moving risk around. At the same time, one of the products that helped build that market has almost disappeared […] The post Offshore Bitcoin futures crash 97% as traders abandon traditional risk appeared first on CryptoSlate.
Key Takeaways
- A strange thing has happened to Bitcoin's derivatives market over the past five years.
- The market is larger, institutions play a much bigger role, exchanges offer more sophisticated products, and traders have become far better at moving risk around.
- At the same time, one of the products that helped build that market has almost disappeared […] The post Offshore Bitcoin futures crash 97% as traders abandon traditional risk appeared first on CryptoSlate.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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