Bitcoin Whale Unable to Cover Huge ‘Wrong’ Bet, Traders Suffer

Bitcoin Whale Unable to Cover Huge ‘Wrong’ Bet, Traders Suffer

Bitcoin Whale Unable to Cover Huge ‘Wrong’ Bet, Traders Suffer $BTCUSD A huge wrong-way (Long) bet on Bitcoin left an unidentified futures trader unable to cover his/her losses, burning counterparties and threatening to dent confidence in 1 of the world’s largest cryptocurrency venues. The long position in Bitcoin futures listed on OKEx, a Hong Kong-based […]

Hedge Funds Exit Bull Bets on Crude Oil

Hedge Funds Exit Bull Bets on Crude Oil

Hedge Funds Exit Bull Bets on Crude Oil $OIL, $USO Hedge funds’ net Long position in Crude Oil has fallen by nearly 100-M bbls over the last 2 weeks Hedge funds tempered their Bullishness towards the petroleum complex during the 1st week of September, according to positioning data from regulators and exchanges. Hedge funds and […]