Crypto shorts

Ironically keeping a short position to benefit from this collapse is pretty risky. Shorting requires leverage by necessity, which means you'll have to turn to an exchange like FTX, which has the possibility of collapsing. Decentralized lending protocols aren't much better, as collapses a few months ago has shown.

CME offers micro futures at globex: METX2 and MBTX2. You can short those with your typical margin rates; my broker gives me the same leverage as legally defined by my gov.

You can short by borrowing and selling as well. Even on-chain, though you're then susceptible to defi hacks that would affect your collateral

>You can short by borrowing

that's leverage.

Or just to people losing money who would have lost more had Alameda not bought from them on the way down.