Cryptocurrency and blockchain-related stock sellers have suffered significant losses since bitcoin surged to all-time highs on Nov. 6, according to Reuters, with data analytics firm Ortex disclosing that traders shorting MicroStrategy (MSTR. O) lost more than $1.20 billion between Nov. 6 and Nov. 8, and have lost more than $6 billion so far this year.
As of the close on November 8, short sellers of cryptocurrency exchange operator Coinbase Global, crypto miner Riot Platform, MARA Holdings, and Bitfarms had accumulated losses of about $1.20 billion. Additionally, investors shorting BlackRock's bitcoin exchange-traded fund iShares Bitcoin Trust have lost nearly $37 million since November 6.
Traders shorting MicroStrategy have lost more than $6 billion so far this year
2024-11-12 05:55:00
According to Lu Transparency Agency Disclosure 11 Day by Day Bitcoin Soaring Historydesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
做空MicroStrategy的交易者今年迄今损失已超过60亿美元Next article：
iGaming平台Betski完成34.5万美元Pre-Seed轮融资
