Arthur Hayes: Increasing holdings in PENDLE and DOGE
BitMEX co-founder and MaelstromFund Chief Investment Officer Arthur Hayes stated on platform X that the current market is fluctuating sideways, leading to a downward trend in the price of junk coins. He is currently increasing his holdings in PENDLE and DOGE.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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The joint intervention by the US and Japan on the yen has been effective, with hedge fund yen short positions dropping by more than half.
After the historic joint intervention by the United States and Japan, hedge funds further reduced their bearish positions against the yen, indicating a easing of negative sentiment toward the currency.
