Bitcoin Cash Futures Traders Face Significant Losses Amid Price Spike
Traders betting against Bitcoin Cash (BCH) experienced substantial losses last week as the price spiked to $320, the highest such loss recorded in over two years, according to data from Coinalyze. The sharp increase in price resulted in cumulative losses exceeding $25 million for short and long positions in BCH-tracked futures1. In trading, “shorts” refer …
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