lol $GLXY / $IREN pair trade going to cook https://t.co/NUkD2lFWJy
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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The post suggests a pair trade opportunity by going long on Galaxy Digital Holdings Ltd. ($GLXY) and short on IREN Ltd. ($IREN). The accompanying chart shows the GLXY/IREN ratio is at a multi-year low of approximately 0.69, indicating GLXY is significantly undervalued relative to IREN. This setup implies a potential reversion to the mean for the ratio, favoring GLXY over IREN.
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Duncan
By FloodCapital
Investing content focusing on $GLXY and AI Robotics the two largest opportunities I see in the world right now. Not affiliated with @thinkingusd.