The position applies a Bitcoin-style HODLing approach to forex, highlighting unusually long-duration use of perpetual futures in a market more often associated with shorter-term trading.
A trader on Ostium has maintained a $1.14 million long position in EUR/USD perpetual futures for 400 days, an unusually extended holding period for an instrument typically used for more active trading. The trade reflects a Bitcoin-style HODLing strategy carried into forex, using perpetual futures (contracts with no expiry date) to keep directional exposure over a long stretch rather than rotating in and out of positions.