Following the termination of Binance’s Open Campus (EDU) Launchpad, shorts on BNB futures markets reached record highs.
Popular cryptocurrency trader Skew posted on his official social media account on April 28. in the shipmentend 24 hours in BNB in futures markets short indicated that the positions were intensified.
skew, record to levels He made the following statements about the short positions pointing out:
Is a new FUD coming?
Users on social media are reporting a new wave of rising volumes. rather than FUD recently ended Launchpad He stated that it may be due to the closing of hedge positions opened for its activity.
Users who want to participate in Binance’s Launchpad events are required to hold BNB in futures markets. BNB short position open themselves to cryptocurrency from the fluctuation will be born to risks opposite protection in the cryptocurrency market frequently a used strategy known as.
Skew has recently Binance on 16 thousand Upon the sale of BTC, this sized sales are usually from a bad development just before that it happened had drawn attention.
