Foreign media: the number of short sellers in tether is increasing

[foreign media: the number of short sellers of tether is increasing] on July 4, it was reported that although tether has always guaranteed that its reserves are fully supported, the number of short sellers of tether is increasing as investors sell more and more liquidity. According to jeffdorman, Arca's chief investment officer, institutions have been short selling or buying put options on tether for some time. Other data show that during the period from May 27, 2022 to June 27, 2022, through the encryption broker Genesis global tradinginc The number of hedge funds shorting tether has also increased. Leonmarshall, the trading director of the institution, said in an interview with the Wall Street Journal that the trading value of shorting tether is in the range of hundreds of millions of dollars, and Asian encryption companies have always been the counterparties of European and American hedge funds to initiate short selling transactions. (Beincrypto)