Reported 18 days ago
In a recent turn of events, several crypto 'whales' are shorting the market with substantial bets totaling millions, particularly following a significant market crash on October 10. Influential traders like 'BitcoinOG' have recorded massive profits from these short positions, with BitcoinOG alone amassing $142 million during the downturn. As the crypto community remains divided on the market's direction, some traders highlight a potential recovery, while others point to bearish indicators and macroeconomic uncertainties.
Source: YAHOO