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CryptoQuant CEO: CeFi stablecoins operated by hedge funds are only effective in bull markets

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2024-04-05 10:39:41
CryptoQuant CEO Ki Young Ju stated on social media that if there is a way to short BTC by holding some DeFi packaged BTC, the market size will be smaller than its TVL. This CeFi stablecoin, operated by hedge funds, is only effective in bull markets.