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Nakamoto Delays Kraken Debt as Bitcoin Collateral Falls

Nakamoto Delays Kraken Debt as Bitcoin Collateral Falls
AI summary

Nakamoto has pushed a 60 million USDT debt payment owed to Kraken into 2027, gaining credit for protective derivatives positions. However, the collateral terms still permit earlier liquidation as Bitcoin collateral values decline. Traders should watch for forced-selling risk tied to the arrangement, since earlier liquidation could add pressure on BTC-linked positions.

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