In terms of willingness, they definitely don’t want to touch their holdings. Right now, they’ve already set up a $1.44 billion cash pool to pay dividends, so the probability of a full liquidation in the short term is indeed low. But things can always change—recently, that founder made another statement on BBW, saying that if a negative premium situation arises, it’s not out of the question to sell BTC derivatives or even directly offload spot holdings.
That’s what they say, but actual operations still depend on market conditions. After all, the $1.44 billion reserve fund is already there. Unless some extreme situation occurs in the market, the likelihood of touching core assets is still quite low.
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Will this institution dump their coins?
In terms of willingness, they definitely don’t want to touch their holdings. Right now, they’ve already set up a $1.44 billion cash pool to pay dividends, so the probability of a full liquidation in the short term is indeed low. But things can always change—recently, that founder made another statement on BBW, saying that if a negative premium situation arises, it’s not out of the question to sell BTC derivatives or even directly offload spot holdings.
That’s what they say, but actual operations still depend on market conditions. After all, the $1.44 billion reserve fund is already there. Unless some extreme situation occurs in the market, the likelihood of touching core assets is still quite low.