What is the short float of Bitcoin?

1 answers

• Lan Dao Thi HuongDec 20, 2023 · 2 years ago
  The short float of Bitcoin is the percentage of Bitcoin's total supply that is currently being borrowed and sold short by traders. It is an indicator of market sentiment and can impact the price of Bitcoin. A high short float suggests that many traders are betting on a price decline, which can put downward pressure on Bitcoin's price. Conversely, a low short float indicates that there is less selling pressure and can potentially lead to price increases. It's important to note that the short float can change over time as traders open or close their short positions. Therefore, it's crucial to monitor the short float along with other market indicators to get a comprehensive understanding of Bitcoin's price movements.
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