Two Major Whales Open Over $100M in BTC Short Positions With 20x and 40x Leverage

BTC-0.53%
According to Lookonchain data monitored by ChainCatcher, two major whale addresses are currently shorting BTC with combined short positions exceeding $100 million. One whale is shorting 900 BTC with 40x leverage, totaling $53.69 million in short exposure. The second whale is shorting 800.75 BTC with 20x leverage, with a short position valued at $47.76 million.
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