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Crypto Options Traders Are Still Shorting Bitcoin Volatility


"Given the absence of big news in August, selling volatility and taking a vacation for solid theta gains is the only thing I can do right now," one trader said. Crypto traders typically short volatility by selling or writing call/put options

Over $450M Shorts Liquidated in 24 Hours as Crypto Market Extends Rally


Traders betting against the crypto market have suffered more than $450 million in losses over the past 24 hours as major cryptocurrencies surged higher in one of the most impressive rallies in about a year.  According to data by CoinGlass, short traders suffered around $457 million across major...

‘Big Short’ Star Michael Burry Asks for Help with Shorting Crypto


Michael Burry, the eccentric hedge fund manager whom the 2015 blockbuster ‘The Big Short’ was based on, is being called out by the crypto community on Twitter today after asking how to short cryptocurrencies. “Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry started off...

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