The weekend used to mean something, right? A break from the grind, a chance to kick back, maybe binge-watch your favorite show or sneak in a nap. But in the world of crypto? Forget about it.
The market never sleeps. No closing bells, no holidays, no see you Monday. It’s a nonstop grinder, and it seems hedge funds are scrambling to keep up.
Are you not entertained?
Take Qube Research & Technologies, a London-based quant firm. The big news today is that they’re hiring crypto traders specifically for weekend shifts.
Weekend warriors who monitor strategies, manage risks, and keep the crypto engines running while the rest of us are out living life. Defqon people in disbelief. The gig demands working every other weekend plus a four-day weekday schedule.
It’s like your office suddenly saying, hey, we want you here on Saturdays too. No excuses.
And the funniest part is Qube’s not alone. Virtu Financial in Singapore is on the hunt for weekend crypto traders, and Jump Trading’s crypto division in Chicago was searching for one too, though they might’ve found their guy by now.
This is a big deal because traditional finance, or TradFi, used to shut shop on weekends. Now? They’re building teams and tech to run crypto desks 24/7.
Money talks
Look at Brevan Howard’s crypto unit, BH Digital, dozens of staff juggling portfolio management, data science, and engineering. Steve Cohen’s Point72 is expanding its crypto quant division in Paris.
Hedge funds are stepping en masse into crypto, with CoinShares reporting they now hold 41% of all Bitcoin ETF shares.
Why the rush? Because crypto doesn’t care about weekends, bank holidays, or Christmas. Prices can swing wildly.
Remember April? After Trump’s tariff announcement on a Friday, Bitcoin plunged 7% over the weekend, from $83,000 down to $77,000.
And when hacks hit during these quiet times, thin liquidity means prices can tank fast. It’s like a late-night office party gone wrong, one bad move and chaos erupts.
Better be ready
But the thing is that crypto traders have been grinding through weekends long before hedge funds caught on.
Altcoin Gordon, a well-known and popular trader, put it bluntly on X, and said this is nothing new.
“Weekends are for working. Free time? No such thing, work time. Save your free time for the bear. For now, we grind.”
So, weekends? They’re history. If you want in, you better be ready to hustle 24/7.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
