On January 28th, Vetle Lunde, head of research at K33, said that yesterday's slump in Nvidia's share price had a ripple effect on the cryptocurrency market, with traders on the Chicago Mercantile Exchange (CME) quickly avoiding risk. Bitcoin futures basis fell to negative for the first time since August 2023, while nominal non-position squaring contracts saw their largest ever one-day decline, falling as much as 17,225 bitcoins. It is reported that the futures basis is the price of the futures c...
Vetle Lunde, head of research at K33 Research, said in an interview with CNBC that futures unpositioned squaring contracts on the Chicago Mercantile Exchange derivatives exchange have hit a record high, which is how most U.S. institutions currently buy bitcoin futures contracts, but many traders have been waiting for spot bitcoin ETF options on major exchanges such as the New York Stock Exchange and Nasdaq because it can enhance liquidity and provide hedging tools. Vetle Lunde added that demand ...
Vetle Lunde, head of research at K33 Research, released data showing that bitcoin exchange-traded products (ETPs) yesterday recorded the second largest single-day net outflow of 8,352 bitcoins this year. A single-day net outflow of 11,964 bitcoins was recorded on May 1 this year, the highest for the year. Lunde said the large outflow may be related to investors' risk aversion to the US election. Nonetheless, he stressed that net inflows over the past five days remained strongly positive at 14,15...
Bitcoin futures unpositioned squaring contracts (OI) on the Chicago Mercantile Exchange (CME) reached a record 172,430 bitcoins yesterday, a new all-time high, said Vetle Lunde, senior analyst at K33, in a post on the X platform. Current institutional preferences suggest they are increasing their long positions. Futures premiums also climbed to a five-month high as unpositioned squaring contracts surged, an increase driven mostly by active market participants rather than inflows into futures-bas...
Vetle Lunde, a senior researcher at K33 Research, said CME bitcoin futures unpositioned squaring contracts hit a nominal all-time high yesterday at 172,430 BTC. Futures premiums have climbed to a five-month high with a significant increase in unpositioned squaring contracts. Vetle believes the increase in unpositioned squaring contracts is being driven by active/direct market participants, rather than inflows from futures-based ETFs.
K33 analysts Vetle Lunde and David Zimmerman estimate that payments will begin at the end of the quarter and continue until the beginning of Quarter 1, 2025, within 60 days of the court's effective date, which is still uncertain, but expected in mid-November. Of the $14.40 billion to $16.30 billion payout vaccine, analysts estimate that $3.90 billion has been purchased by credit funds and is unlikely to return to the market, with about 33% of the remaining compensation being paid by sanctioned c...
On August 30th, K33 analyst Vetle Lunde said that the clearing data of the exchange is much lower than the actual clearing volume of the market. In order to provide a "fair trading environment" (Bybit, September 2021) and "optimize user data flow" (Binance, April 2021), Binance and Bybit changed their clearing WebSocket API to push clearing once per second instead of reporting all clearing. OKX also pushes up to one order per second for each contract, and their data does not represent the total ...
8月30日消息,K33分析师Vetle Lunde发 X 称,交易所的清算数据远低于市场实际清算量。为了提供“公平的交易环境”(Bybit,2021 年 9 月)和“优化用户数据流”(Binance,2021 年 4 月),Binance 和 Bybit 更改了其清算 WebSocket API,每秒推送一次清算,而不是报告所有清算。OKX 还为每个合约每秒推送最多一个订单,他们的数据并不代表清算的总数。这...
Vetle Lundle, senior analyst at 33 Research, said the indirect increase in bitcoin investment by the world's largest sovereign wealth fund, Norway's sovereign wealth fund, which is currently worth more than $144 million, may not have been intentional, and if it was intentional to expose the fund to more bitcoin, the move perfectly illustrates how bitcoin is maturing as an asset and is integrated into any diversified portfolio. Indirect investment comes from increasing investment in companies tha...