RE: 9’s10 Jan 2023 15:58
Micky, if you look at the last few days, arb has gone down, whilst btc has gone up. Obviously btc will have a effect on a major rise but arb isn’t moving with btc at the moment, it needs to rerate back into it’s 20’s in my opinion.
The plus thing is, if btc has a big drop, not much would happen to arb sp, yes Chaebol will make loads of money with his short but not much would happen to arb. In my honest opinion, I’m just going by my humble observations, if you have some calculations, please share them. :-)