$11 Billion Bet Against Crypto May Cause Squeeze

Traders boldly gamble billions, predicting a short lifespan for the recent crypto stock surge. S3 Partners’ Monday report shows a near $11 billion rise in short positions for these stocks in 2023. MicroStrategy and Coinbase, key Bitcoin stakeholders, are the main focus, attracting over 80% of this betting pool. Even after a Bitcoin-driven sector boost […]

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