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Jordan Kerridge: Short positions in BTC and ETH total $6.5 million

Jordan Kerridge: Short positions in BTC and ETH total $6.5 million
BTC and ETH $6.5 million short positions

Jordan Kerridge revealed that he is short BTC and ETH, with $6.5 million allocated across these positions.

Kerridge shared this information alongside a reference to a 'bitcoin weekend liquidation trap,' though no further details were provided in the tweet.

Kerridge has previously reported on macroeconomic developments, including the U.S. Treasury's plan to buy back up to $6 billion in longer-term debt. He also covered Iran's statement that reopening the Strait of Hormuz could happen within a week if the U.S. meets certain conditions, with oil prices and inflation in focus, in a recent update. His recent disclosure of crypto short positions follows this ongoing coverage of market-moving events.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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