I remain long September $700 puts!

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I remain long September $700 puts!

Here’s where all that sweet hyperscaling cash is coming from:

I’ve made mention plenty of times of my bearishness on Bitcoin. The push higher over the past twenty-four hours hasn’t been heartening, and I ditched my MSTR short and half my BITI long (the bearish fund) as a result. Here’s the minute bar of the /BTC futures.

Sorry, but I just love stuff like this: