Data: In the past three months, short sellers of cryptocurrency stocks have lost over $2.6 billion, with half of that due to shorting Coinbase

ChainCatcher news, since Bitcoin hit a three-month low of $25,152 on September 11, it has rebounded by 75% to the current $43,924, causing cryptocurrency stock short-term traders to lose over $2.6 billion in less than three months.

According to the latest report from financial data company S3 Partners, cryptocurrency stocks represented by Coinbase and MicroStrategy have followed Bitcoin's lead, with Coinbase's stock price rising 51% in the past month to $143.63 amid Bitcoin's strong rebound; MicroStrategy, which holds about $6.6 billion in Bitcoin, has seen its stock price increase by 82% since October, reaching $568.88.

The huge stock price fluctuations have led cryptocurrency stock short sellers to lose $2.656 billion in the past three months, with over 50% of the losses coming from shorting Coinbase stock, and another 25% of the losses from shorting MicroStrategy stock.