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Binance can cut a winning Bitcoin hedge even when customer assets are backed

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CryptoSlate
By Liam 'Akiba' Wright
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Binance can cut a winning Bitcoin hedge even when customer assets are backed
Photo / Coverage: CryptoSlateCredit: Liam 'Akiba' Wright
EXECUTIVE SUMMARY

Binance says only surplus futures reserves were reallocated, while ADL rules can still reduce an opposing profitable position. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  • Binance can cut a winning Bitcoin hedge even when customer assets are backed.
  • Binance says only surplus futures reserves were reallocated, while ADL rules can still reduce an opposing profitable position.
  • Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.

Binance says only surplus futures reserves were reallocated, while ADL rules can still reduce an opposing profitable position. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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