MicroStrategy Leads Crypto Sector in Short Losses, Traders Face $1.92B Hit on Bearish Bets
- MicroStrategy leads crypto sector short losses with $1.92B hit since March
- Traders betting against Coinbase and CleanSpark also face major losses
- MicroStrategy continues raising money to buy more bitcoin
- Crypto industry remains heavily shorted, with short interest 3x the US average
- SEC approval of bitcoin ETFs does not signal embrace of other crypto products
