BitMine Immersion Technologies Inc. (BMNR) experienced a 3.55% intraday drop, impacting its market capitalization to $16.5 billion, fueled by escalating short selling and falling Ethereum prices. This decline […]
Massive Short Positions Fuel Bitcoin Volatility, But Are Institutional Buys the Counterbalance?
A significant surge in short positions on Binance has triggered heightened volatility in the Bitcoin market. In just a few hours, over $215 million in net shorts were […]
Bitmine Faces Scrutiny After Kerrisdale Short Position
Short-selling firm Kerrisdale Capital has taken a short position in Bitmine (BMNR), highlighting concerns about the company’s business model and the potential weakening of its DAT (Decentralized Asset […]
Crypto Whale’s $420 Million Short Bet Sparks Market Uncertainty
A significant figure in the cryptocurrency world has taken a bold gamble by shorting $420 million worth of Bitcoin (BTC) on Hyperliquid. This massive trade, reported by blockchain […]
Kerrisdale Capital Bets Big on the Collapse of Crypto Reserve Companies
Kerrisdale Capital has taken a bold stance against crypto reserve companies, launching a short position in Bitmine (BMNR) shares. This move aligns with their strategy to bet on […]
Peter Brandt Identifies XRP as Short Candidate Amid Market Downturn
Veteran trader Peter Brandt has flagged XRP as a potential short position opportunity, citing technical resistance and recent whale sell-offs. He believes a bearish scenario could see XRP […]
Du Jun Cautions Against Shorting Ethereum Amid Market Dynamics
ABCDE co-founder Du Jun argues that while shorting high-performing companies like BMNR might be feasible, shorted Ethereum would be a risky move. This comes following Kerrisdale Capital’s announcement […]
Kerrisdale Capital Bites Back at BitMine with Short Position
Activist short-selling firm Kerrisdale Capital has taken a bearish stance against BitMine, challenging the company’s Digital Asset Treasury (DAT) model. The company’s decision to short BitMine stems from […]
Kerrisdale Capital Short-Sells Bitmine Amidst Concerns Over DAT Model
Investment firm Kerrisdale Capital has initiated a short-selling strategy for Bitmine stock, citing the company’s reliance on the Digital Asset Treasury (DAT) model as a factor in its […]
BitMine Stock Surges Despite Shortseller’s Criticism
BitMine Immersion Technologies shares experienced volatility Tuesday, ultimately closing higher after facing criticism from short-selling firm Kerrisdale Capital. The report highlights ongoing scrutiny within the crypto industry as […]
BitMine Stock Fluctuates After Short Seller Report Criticizes Crypto Strategy
Shares in BitMine Immersion Technologies experienced fluctuating trading throughout the day following a short seller report from Kerrisdale Capital. The report criticized the company’s strategy of acquiring Ethereum […]
Bitcoin Price Surge Liquidates $330 Million in Short Positions
Bitcoin’s price reached an all-time high of $119,400, triggering the liquidation of over $330 million worth of bearish bets (shorts). This substantial move was driven by institutional investment […]
Bitcoin Short Positions Liquidated: $113 Million Lost as Price Nears New ATH
A significant amount of Bitcoin short positions was liquidated in recent hours, totaling approximately $113 million. This event coincides with Bitcoin’s approach to a new all-time high price, […]
Bitcoin Short Positions Facing Potential Liquidation Above $117K
Over $10 billion in Bitcoin short positions are nearing liquidation as prices approach the $117,000 mark. This critical level could trigger a dramatic market shift with potential for […]
Massive Whale Loses Millions From Altcoin Shorting
A significant cryptocurrency whale identified as ‘Iron Head Air Force,’ whose address begins with 0x880ac, has suffered substantial losses in short positions across various cryptocurrencies over the past […]