Preparing for a Post-CLARITY Crash? Whale Opens Massive BTC, ETH, and ZEC Shorts

The landmark crypto legislation, the CLARITY Act, will face a crucial vote in the US Senate later today (September 15) and could trigger significant volatility across the digital asset sector.

The vote itself doesn’t mean that the bill will be enacted, but it could pave the way for formal discussion.

However, Democrats don’t seem thrilled by the proposed framework and keep insisting on additional changes, significantly reducing the CLARITY Act’s chances of being signed into law before the end of the year.

That said, some crypto traders have started preparing for the possible impact. Brace for a Collapse?