Traders suffer huge losses as OKEx closes Bitcoin Cash futures early

Several high-profile cryptocurrency traders are posting major losses after the Bitcoin Cash hard fork, as the true impact of the controversial hash wars starts to make itself known. Just as the price of the original Bitcoin Cash cryptocurrency started to fall last week, major exchange OKEx abruptly ended $135 million worth of futures contracts, claiming it necessary to protect clients from the impending market volatility. This forced the positions of some of the biggest whales in the cryptocurrency industry to be suddenly closed, leaving larger investment funds high and dry, Bloomberg reports. OKEx is also noted to be the only cryptocurrency exchange to…

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