INSUBCONTINENT EXCLUSIVE:
Traders boldly gamble billions, predicting a short lifespan for the recent crypto stock surge
stakeholders, are the main focus, attracting over 80% of this betting pool.Even after a Bitcoin-driven sector boost led to $6 billion in
unrealized losses, these traders press on.They hope for a downturn or seek to offset their Bitcoin investments, explains Ihor Dusaniwsky
from S3.Lately, bets against MicroStrategy spiked despite its stock growth
Investors injected $974 million, surpassing funds for Coinbase, Marathon Digital Holdings, and Hive Digital Technologies.$11 Billion Bet
Against Crypto May Cause Squeeze
This forces them to buy back stock, possibly hiking prices and affecting more traders.MicroStrategy, Coinbase, and Cleanspark stand on the
highlights.This year, MicroStrategy nearly tripled in value, with Coinbase and Cleanspark also seeing significant gains.
