Singapore-based crypto advisory firm BlockSpaceForce has partnered with local licensed fund manager Mainnet Capital to launch a new hedge fund dedicated to investing in crypto-linked public companies, including digital asset treasury (DAT) firms. The vehicle is structured as a sub-fund of an unnamed umbrella variable capital company. "We are advised against diving into specifics here due to regulations (the fund is offered only to accredited and institutional investors, so we can't share all details publicly)," Spencer Yang, managing partner of BlockSpaceForce, investment manager at Mainnet Capital and director of the unnamed VCC, told The Block.
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some believe that pre-market contract prices are merely a reflection of market sentiment and market maker manipulation, unrelated to the project itself. Due to the pre-market overheating, market makers liquidated long positions. Similarly, WLFI could also experience a significant price increase due to a short squeeze in the day or two before its launch. According to Coinglass data, WLFI contracts are currently experiencing a surge in long positions, with $2.1636 million in long positions and $1.045 million in short positions liquidated on Binance in the 24-hour period.
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This is gunna be good!! thank you to everyone in Argentina and of course the entire @InputOutputHK team
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