📊 Hedge funds reduce their risks ahead of the upcoming Federal meeting!
On-chain data indicates a decline in #BTC balances on major exchanges, alongside a clear increase in #USDT and #USDC reserves. This behavior reveals that institutional investors are trimming their positions and hedging by increasing their holdings of stablecoins.
The rise in stablecoin reserves on platforms is considered a classic signal of hedging before major events—especially ahead of the FOMC meeting, where the market is anticipating the interest rate decision.
Data also shows a decline in funding rates, reflecting a decrease in risk appetite in derivatives.
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#Bitcoin #Crypto #FOMC #Blockchain #Stablecoins #USDT #USDC #Investing #Binance #Digital_Currencies #ضرار_الحضري
BTC
93,594.04
+0.53%