Known to most by the ticker BTCUSD Shorts, the dataset records the number of bearish positions in the Bitcoin market. In simple terms, traders borrow funds from Bitfinex — their broker — to trade bet on bearish outcomes for the instrument BTC/USD. Meanwhile, the value of opened short positions is measured in BTC.
Read moreCan BTC be shorted?
Can Bitcoin be shorted? Yes. You can short Bitcoin’s volatile price by betting against it using derivatives like futures and options .
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