# GoldenTen

83
🚨 CRUDE OIL SHORT SQUEEZE 🚨
Bears are bleeding! 📉🔥
Data shows traders poured a record $977.00 million into the ProShares UltraShort Crude ETF (SCO) in March—the largest inflow since 2008. They bet heavy on a "war is ending" dip, but it backfired.
The Damage:
• SCO fell 41% in March (worst in 6 years).
• Despite $977M flowing in, total assets are only $970.00M.
• Massive losses effectively "ate" the new investment capital. 💸
While shorts suffered, long funds (USO & BNO) hit record inflows of $700M and $600M. The market is highly divided, but for now, the short sellers are trapped. 🛢️⚠️
Fo
BTC-3,12%
ETH-3,82%
SIREN-9,99%
post-image
  • Reward
  • Comment
  • Repost
  • Share
Load More

Join 40M users in our growing community

⚡️ Join 40M users in the crypto craze discussion
💬 Engage with your favorite top creators
👍 See what interests you
  • Pin