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Gold ETF holdings have increased by nearly 10 tons, and options volatility is being closely watched again, indicating that risk-hedging trades are getting a bit crowded
I don't think strong gold necessarily means the market is about to crash. It’s more like many funds are continuing to buy risk assets while simultaneously buying insurance for themselves. The problem is, when too many people buy insurance, it itself becomes a crowded trade#AugPayrollsBeat #BTCGoldRatioHigh #OKXOutcomeLeagueFOMC
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