RE: Bitcoin futures helped tank the market, though we shouldn't have been surprised

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Bitcoin futures helped tank the market, though we shouldn't have been surprised

in bitcoin •  6 years ago 

I think some getting in was part of that run up late in 2017. They loaded up, helped push the price up as high as they could, loaded up on puts and short bets, then sold their holdings and watch the market tank and their short bets pay off 10X...

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Thanks for the reply @jrcornel