Oddbean new post about login | logout Bitcoin, Ether in the Green as Global Easing Cycle Begins. https://www.coindesk.com/resizer/uRaYc3cOvETU4ILV65IhJtKuoJ0=/811x384/filters:quality(80):format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/TIMOQY42DZA4DOXYUND4ZEGPRA.png
The gains in the crypto market were attributed to the market digesting BlackRock's fund targeting tokenized products on Ethereum called BUIDL . Additionally, shorts that bet against Bitcoin and Ether are seeing significant losses. Over $100 million in leveraged futures positions have been liquidated in the last 24 hours, with around $60 million in short BTC positions and $42.8 million in short Ether positions
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