The tweet was deleted by the author.
But we saved everything 🙂.
People turn to borrowing instead of selling Bitcoin, Tuur Demeester notes
Tuur Demeester, industry influencer, highlights a trend in the cryptocurrency market where Bitcoin holders are increasingly choosing not to sell their assets.
Instead, according to Demeester, those who need cash are likely to borrow against their Bitcoin, rather than liquidate their holdings.
Large holders have sought alternative ways to generate returns in the crypto sector. Andrew Jiang recently noted that the Bitwise team manages custom derivatives portfolios to produce yield for institutional clients. This approach allows significant crypto asset owners to maintain exposure while accessing additional cash flows.
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