Cryptocurrency News
126% return for stock market short-sellers who smelled blood in crypto waters
2022.06.17 08:06
126% return for stock market short-sellers who smelled blood in crypto waters
Short-sellers have made a killing on various sectors of the U.S. stock market this year, but no other sector “held a candle” to the blockchain industry, with crypto company short-sellers profits up 126% in 2022, according new data.
On Thursday, technology and data analytics firm S3 Partners published a video summarizing its recent report, which found that overall, U.S. equity short-sellers are up on average more than 30% for the year.