CryptoSlate

A $48 billion Bitcoin leverage trap is about to trigger a massive forced exit the moment price boundaries break

A $48 billion Bitcoin leverage trap is about to trigger a massive forced exit the moment price boundaries breakWorldPing

Small positive offshore funding exposes longs on a drop, while CME leveraged funds’ net short creates an upside squeeze channel.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Saylor: Bitcoin Drops 47% While Strategy’s STRC Gains 9% in a YearWorldPing
Bitcoin.com

Saylor: Bitcoin Drops 47% While Strategy’s STRC Gains 9% in a Year

Michael Saylor said Strategy’s STRC preferred stock gained 9% over one year while bitcoin lost 47%. The chart leaves out the company’s common stock, which closed roughly 76% below its level a year earlier.

Brief by WorldPing · Original reporting by Bitcoin.com