CryptoCoinDeskabout 2 hours ago
Trader HODLs EUR/USD for 400 Days on Ostium
1 min read
A trader on decentralized exchange Ostium held a $1.14 million long position in EUR/USD perpetual futures for 400 days, applying a bitcoin-style HODL strategy to forex. The position incurred an annual holding cost of about 2.3% through predictable rollover fees. Ostium and similar platforms represent a tiny share of the $9 trillion-a-day global FX market.
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