Crypto trader shorted the top, still lost 3,963%
Extreme negative funding rates turned the winning short-sale of a crypto meme into a huge loss, despite a correct bet on its decline.
Bitcoin24h
$74,640.66+0.60%
Ethereum24h
$2,355.89+1.94%
XRP24h
$1.39+2.22%
BNB24h
$622.80+1.44%
Solana24h
$84.77+1.32%
TRON24h
$0.3278+1.38%
Dogecoin24h
$0.0954+3.01%
Hyperliquid24h
$44.48+2.63%
UNUS SED LEO24h
$10.14+0.22%
Cardano24h
$0.2474+2.95%
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KuCoin criticized for helping ‘launder’ $9.5M from fake Ledger app—by Protos Staff
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StarkWare fires staff after Starknet revenue collapses 98%—by Protos Staff
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Justin Sun wants World Liberty Financial to unmask its X admin—by Protos Staff
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Justin Sun’s blacklisted WLFI has lost $70M—by Protos Staff
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CZ vs Star Xu: $1B bet sends crypto rivalry nuclear—by Protos Staff
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Iran wants tolls paid in bitcoin for Strait of Hormuz passage—by Protos Staff
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Michael Saylor’s Strategy lost $1.2 billion buying bitcoin in Q1—by Protos Staff
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US Senator asks if Binance lied to Congress about Iran—by Protos Staff
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The slow-motion ‘bank run’ in private credit—by Protos Staff
