Cryptos Slide; Analysts Expect a Volatility Spike


“We added to our longer-term options position, selling the volatility spike post-invasion,” QCP Capital, a crypto trading firm, wrote in a Telegram chat, referring to Russia’s invasion of Ukraine. The firm has been tactically accumulating a long volatility position, “expecting outsized volatility” going into the U.S. Federal Reserve meeting March 16-17.

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