
有道研究院 | Crypto Alpha|Apr 28, 2025 02:26
After several days of ups and downs, Alpaca's dog market has liquidated its huge long positions on Bitget, reducing its total contract holdings by half. However, the long positions have not been completely liquidated, and retail investors are still in high demand in the market, with the harvest continuing.
Based on the current liquidity, it is impossible for Gouzhuang to directly sell. Only by creating fluctuations can it smoothly close positions, so it can only raise prices and then close positions. The rate should return to normal by then.
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