Crypto Stocks Like MicroStrategy, Coinbase Could Shoot Up if Short Sellers Exit
Briefly

from Coindesk11 months ago
The total short interest in crypto stocks is $10.7 billion, with MicroStrategy and Coinbase making up 84% of these bearish bets, the report added.
Coindeskhttps://www.coindesk.com/business/2024/03/27/crypto-stocks-like-microstrategy-coinbase-could-shoot-up-if-short-sellers-exit/
However, the trade has become so crowded that it primed these stocks for a short squeeze, said data analytics firm S3 Partners in a report on Monday.
Coindeskhttps://www.coindesk.com/business/2024/03/27/crypto-stocks-like-microstrategy-coinbase-could-shoot-up-if-short-sellers-exit/
Read at Coindesk
#short-squeeze #crypto-stocks #microstrategy #coinbase #short-selling
[
|
]