![Bitcoin, Ether Volatility Stuns Bears And Bulls Alike; Some Say Recent Price Action Driven by Bank Crisis Bitcoin, Ether Volatility Stuns Bears And Bulls Alike; Some Say Recent Price Action Driven by Bank Crisis](https://www.coindesk.com/resizer/Xu6Rr2LvEbKF0rBMs6xpXVG5KV0=/800x600/cloudfront-us-east-1.images.arcpublishing.com/coindesk/A5JPYNARI5CWFJHYF6DJ27IPYU.png)
The volatility caused over $140 million in bitcoin futures and $80 million in ether futures to take on losses. Of this, 58% of futures losses came from shorts, or bets against price rises, while the remaining came from longs, or bets on price rises – meaning both short-sellers and long traders were hit almost equally.