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What are the most shorted cryptocurrencies on the NASD?

avatarHector GorunDec 29, 2021 · 3 years ago3 answers

Can you provide a list of the cryptocurrencies that are currently being heavily shorted on the NASD? I'm interested in knowing which cryptocurrencies are attracting a lot of short-selling activity.

What are the most shorted cryptocurrencies on the NASD?
Cryptocurrencies
Short Selling
NASD

3 answers

  • avatarDec 29, 2021 · 3 years ago
    Sure! Here are some of the most shorted cryptocurrencies on the NASD: 1. Bitcoin (BTC) 2. Ethereum (ETH) 3. Ripple (XRP) 4. Litecoin (LTC) 5. Bitcoin Cash (BCH) Please note that this list can change over time as short-selling activity fluctuates.
  • avatarDec 29, 2021 · 3 years ago
    Short-selling can be a popular strategy among traders looking to profit from a decline in cryptocurrency prices. Some of the cryptocurrencies that are often targeted for short-selling on the NASD include Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. However, it's important to remember that short-selling carries its own risks and should be approached with caution.
  • avatarDec 29, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the most shorted cryptocurrencies on the NASD currently include Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash. Short-selling can be a way for traders to hedge their positions or profit from a decline in prices. However, it's important to do thorough research and understand the risks involved before engaging in short-selling activities.

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