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What is the short float of Bitcoin?

Fajar ShahzadSep 27, 2023 · 2 years ago1 answers

Can you explain what the short float of Bitcoin is and how it affects the cryptocurrency market?

1 answers

  • Lan Dao Thi HuongApr 09, 2025 · 4 months 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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