QCP Capital: Mt.Gox creditors may not have hedges, and there is still selling pressure in the current crypto market

QCP Capital pointed out in a statement that there will continue to be selling pressure in the market, and given the high cost of holding perpetual positions and option positions for a long time, existing Mt.Gox creditors may not be hedged. It is expected that the market will ease in the short term, and given the high potential for Ethereum ETF approval in July, it seems that it is worth buying on dips.