Bitcoin influencer GarrettBullish has proposed that cryptocurrency exchanges establish a stabilization fund to manage market volatility. In a strategic move, he plans to deposit $40 million in USDC into the HyperLiquid platform. This deposit aims to bolster his Bitcoin short position while reducing his leverage from 20x to 10x, reflecting a more cautious approach amid market fluctuations.
Bitcoin OG GarrettBullish Proposes Volatility Fund, Adjusts BTC Short Position
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