Bitcoin futures cash-and-carry trade tanks in profit; what’s next?

As the selling pressure on crypto continues, Bitcoin’s market price has plummeted. Consequently, the Bitcoin futures cash-and-carry trade has also tanked. Investors prefer cash-and-carry trades in the derivatives market because they involve strategies for simultaneously purchasing and selling the asset. A few weeks ago, BTC futures traders locked in a risk-free annualized premium of 10% …