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Bitcoin Plunges 9%, Sank Below $25K on Binance as August Turns Very Ugly
A boring August has turned into a bloodbath. Two-thirds of leveraged funds' positions are short, one observer said, noting the bearish bias of sophisticated traders.
By Omkar Godbole, Krisztian Sandor, Stephen Alpher|Edited by Parikshit Mishra, Stephen Alpher, Nick Baker
Updated Aug 18, 2023, 4:32 p.m. Published Aug 17, 2023, 5:45 a.m.
