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MacroScope
@MacroScope17
Topics: institutional trading, asset management and monetary policy. Tweets are opinions only and are not intended as advice.
Joined August 2017
354 Following    90.7K Followers
Sovereign discussion starts at 2:50. I posted this on May 31: "While overleveraged traders are getting blown out on dips, a sovereign wealth fund like Abu Dhabi’s Mubadala is happy to sit on the bid and take it in." This executive used to work at Mubadala, according to his bio.
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MidChains (@MidChains_) CEO Basil Al Askari said that “at least one” sovereign wealth fund is accumulating spot Bitcoin while the price is down, with another potentially set to begin buying in the coming weeks. “It sends a very clear signal to let’s say other institutions that are maybe sitting on the sidelines and looking at these larger funds as kind of leaders of the asset class.” #CHAINREACTION#
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