Short sellers betting against rise of cryptocurren

CRYPTOCURRENCY rise stocks 2024-03-27 55

摘要:Short sellers are betting against the rise of cryptocurrency stocks, investing $11 billion, with a focus on MicroStrateg...

In a bold move, short sellers are putting $11 billion on the line as they wager against the continued success of cryptocurrency stocks, particularly targeting MicroStrategy and Coinbase. Despite recent surges in Bitcoin prices leading to a rise in crypto-related company stocks, these investors are showing remarkable confidence in their prediction of an impending downturn. What's notable is that a staggering 80% of this massive short investment is aimed at MicroStrategy and Coinbase. The crypto sector has been a tough nut to crack for short sellers this year, as they have already suffered losses totaling $6 billion due to the upward trend in stock prices. To learn more about this developing story, click here: https://0xzx.com/zh-tw/2024032714424238910.html.
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