Bitcoin, Ether Volatility Stuns Bears And Bulls Alike; Some Say Recent Price Action Driven by Bank Crisis

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The volatility caused over $140 million in bitcoin futures and $80 million in ether futures to take on losses. Of this, 58% of futures losses came from shorts, or bets against price rises, while the remaining came from longs, or bets on price rises – meaning both short-sellers and long traders were hit almost equally.



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