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Bitcoin Price Short Positions See First Outflows in 7 Weeks - Is the Crypto Boom In?

Bitcoin Price Short Positions See First Outflows in 7 Weeks - Is the Crypto Boom In?


cryptonews
2022-09-27 09:42:00

In a positive sign of a potential crypto market rebound, a seven-week bull run on bitcoin (BTC) short positions has ended with outflows of some $5.1 million, according to a recent analysis by digital asset investing firm CoinShares. Short-bitcoin investment products assets under management (AuM) expanded to about $172 million which was the highest level on record, prompting some profit taking, according to the report....Read More: Bitcoin Price Short Positions See First Outflows in 7 Weeks - Is the Crypto Boom In?


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