Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
FWIW, I don't think tax-loss harvesting has been a major driver of PA in alts. Yes, there are plenty of harvestable losses in majors/assets with ETF wrappers, but U.S. tax law doesn't yet apply the standard IRS wash sale rule (the 30-day repurchase limit) to Crypto directly.
Therefore TLH is essentially a round-trip trade: coins sold to realise loss, then re-bought in the same session. Assuming OBs are balanced the result is market neutral.