Btcshorts

BTCSHORT Price Live Data

According to CoinShares’ latest digital asset fund flows report, short bitcoin investment funds – funds that rise in value when bitcoin’s price falls – saw inflows of USD 18m last week, the largest weekly inflow ever recorded for the category. The inflows brought the total assets under management (AUM) in short bitcoin funds to USD 158m. Btc longs vs shorts A few hours later Bitcoin reaches its target price of $55,000 USD and you close your position.

Bitcoin short interest

At the forefront of the ETF revolution since 2006 Given the unexpected surge of bitcoin prices to as high as $19.8k earlier today during the Asian session, the exchange closed positions of short traders as a protection measure. A trader’s balance can be negative if the ramp fails since BTC prices can infinitely increase to billions. In 2020, a Robinhood trader committed suicide when his account balance dropped into negative territory.

Https://datamish.com/btcusd/7d it doesn’t look good Short Squeeze Score

Btc short interest

“As a short, it’s limited because there is a limited supply of availability and it’s getting much more expensive to short,” he explains. The interest rates on the borrowed shares are exorbitant, too: “It’s costing between 19 percent and 23 percent to short it,” Dusaniwsky notes. As a result, short interest has been relatively flat in the ETF. “The tail is wagging the dog on this one,” he says. A minor increase in price could send short sellers scrambling to close their bets.

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What's Bitcoin ?

Bitcoin is a payment system introduced as open source applications in 2009 by programmer Satoshi Nakamoto. Media reports frequently refer to bitcoin as a digital or cryptocurrency money although its standing as a money is challenged. Bitcoins are created as a benefit for payment processing work by which users offer their computing power record and to check payments to the public ledger. Firms, people or called mining participate in this task in exchange for transaction fees and bitcoins that is recently created. Besides mining, bitcoins could be obtained in exchange for services, goods, and fiat money. Users can send and receive bitcoins for an elective transaction fee using wallet applications on mobile device, a personal computer, or a web application. Increase has been found by Bitcoin as a kind of payment for services and products,and retailers have an incentive to take the electronic money because fees are lower compared to 2-3% generally enforced by credit card chips. .