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2024-09-30 09:10:11

BTC’s PRP Metric Shows Tightening Liquidity, Suggesting Potential Downturn: BitMEX CGO

BTC’s PRP Metric Shows Signs of Tightening Liquidity, Hinting at Unfavorable Outlook: BitMEX CGO Bitcoin’s recent price rallies may not be as optimistic as they appear, according to Raphael Polansky, Chief Growth Officer (CGO) at BitMEX. In a post on X (formerly Twitter), Polansky highlighted that Bitcoin’s reverse repurchase (PRP) metric is showing signs of

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