To short Bitcoin means to bet on a falling price. After a Binance hot wallet was drained of about $2.8 billion on Thursday night and Bitcoin slipped below $79,000, many traders are asking whe
Summary
- After a Binance hot wallet was drained of about $2.8 billion on Thursday night and Bitcoin slipped below $79,000, many traders are asking whe Hero article visual / chart / editorial image CryptoCompass editorial visual for markets coverage.
- After a Binance hot wallet was drained of about $2.8 billion on Thursday night and Bitcoin slipped below $79,000, many traders are asking whether they can profit from the drop or hedge their holdings.
- The most direct way for most readers outside the EU is a perpetual futures contract on Bitget, where you open a short position in a few clicks.
- What happened tonight is in ourcrypto crash timeline, the details of the drained wallet in our Binance hack report .
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