Two Prime CEO: Bitcoin Rally Has Room to Grow Amid Potential Short Squeezes

Alexander Blume, CEO of Two Prime, stated that Bitcoin's recent rally has further upside potential, driven by institutional investors covering short positions in volatility. Blume noted that the market structure remains healthy without signs of overheating in funding rates, supported by consistent spot ETF inflows and corporate buying. While implied volatility has risen, it remains low by historical standards, and a potential short squeeze on call option sellers could accelerate price gains.