What are the most shorted cryptocurrencies on the NASD?
Stephen ElkinsMar 04, 2025 · 5 months 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.
3 answers
- r6vksvl748Oct 30, 2021 · 4 years agoSure! 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.
- Ianknox Luke PostanesJan 10, 2021 · 5 years agoShort-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.
- Holcomb MitchellJun 30, 2023 · 2 years agoAccording 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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