Definitely there is no 1.3M users, I must say 1.3M accounts.
Shorting is not even possible for most altcoins.
As said, it is just a thought experiment. They could do better by shorting $25M on BTC or LTC near peak.
Yes, mutual funds are dinosaurs. We are in ETF era. Even a tech or Semicon ETF will probably perform 10-15% growth in a year. But a real-estate reits are good enough for 8-10% dividends in all sorts of market scenarios.
Thanks for visiting!
RE: STEEM/PAL/LEO will be the target for most airdropped Tokens in Future? LEO, BYTEBALL, PAL, HUNT and many more tokens have shown that it is quite possible.