Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

Bitcoin short positions at Bitfinex soared as BTC price dropped below $40,000, so why did the majority of them close before the largest part of the correction?



source https://cointelegraph.com/news/bad-call-bitfinex-bears-closed-a-block-of-bitcoin-shorts-before-the-drop-below-32k


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