Crypto-Crash Aftershocks Hit Traders With 50% Premiums Vanishing

“In mature, liquid markets, institutional and sophisticated investors search for various arb opportunities,” said Kelly Pettersen, head of business development at Skew, now acquired by Coinbase Global Inc. “Applying this same strategy in crypto, over time, means the market and the trade will continue to get more popular, and the spread will narrow.”

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