Interestingly, both longs and shorts took a hit. Of the approximately $9 million in total liquidations, $4.99 million occurred on ‘long’ positions—or the trades betting on upward price movements on people, while the remaining $4.1 million worth occurred on ‘short’ positions, meaning those betting on declining prices of people. Source link … [Read more...] about ConstitutionDAO Tokens (Yes They’re Still Trading) See Wild Session With $9M Liquidations
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Options traders target $80K by May, Skew suggests just 6% chance they’re right
With Coinbase’s highly anticipated direct listing IPO expected to take place next month, options traders appear to be betting that Bitcoin will once again soar to new all-time highs in the coming weeks.On March 24, the founders of crypto analytics firm Glassnode tweeted data suggesting that options traders on peer-to-peer crypto derivatives exchange, Deribit, are loading up on … [Read more...] about Options traders target $80K by May, Skew suggests just 6% chance they’re right