Celestia's TIA Posts Biggest Monthly Gain This Year Even as Impending $1.13B Token Unlock Spurs Hedging
TIA has outperformed the CoinDesk 20 Index by a wide margin.
TIA has outperformed the CoinDesk 20 Index this month by a large margin.
There has been an increase in TIA hedging demand ahead of a Oct. 31 token unlock, Wintermute said.
Bearish short positions, likely representing hedging, have been crowded out, funding rates suggest.
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