Analysis: Institutions have built a $6.9 billion net short position in MicroStrategy
According to Fintel analysis, institutions have established a net short position of $6.9 billion in MicroStrategy, the top cryptocurrency-related company, accounting for 23.14% of its market value, based on the largest short position list disclosed by institutions to the SEC. This high percentage indicates strong bearish sentiment or hedging. If market conditions change, a short squeeze may occur. In addition, Coinbase's net short position is $1.1 billion and Marathon's net short position is $100 million. (CryptoSlate)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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