Apr 4, 01:49 PM

Hedge Funds Boost Bearish Bitcoin Bets to Record Levels, Anticipating Price Drop

Hedge funds are increasing their bearish positions on Bitcoin by leveraging short futures to hedge against potential price drops, reaching record levels. This move indicates a strong sentiment towards anticipating a decline in Bitcoin's value.

#Bitcoin

Written with ChatGPT (GPT-3).

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Monad ⨀@monad_xyz
2 years ago
NFTs on Monad 👀
Easy@EasyEatsBodega
2 years ago
The financial system is broken. Cryptocurrency fixes it.
Magic Eden on Bitcoin 🟧@MEonBTC
2 years ago
Just over 2 weeks from the Bitcoin Halving 🟧 Things are gonna get really fun here

Hedge Funds Boost Bearish Bitcoin Bets to Record Levels, Anticipating Price Drop

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