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The low premium of U's exchange rate is expected to persist for a while. When facing uncertainties in regulatory crackdowns, everyone starts to seek safety~
In the China crypto community, you can see all kinds of proprietary and private funds frequently showing off their returns. This wave of risk aversion hits them first and foremost. They are facing redemption pressure, and for these funds, U's low premium is insignificant in the face of risk~
#Bitcoin