Markets· ★★★· bearish·

Top traders raise short exposure to 87% across four exchanges

  • —7-day cohort: $32.57B shorts vs $492M longs, or 87% short
  • —30-day cohort: $34.69B shorts vs $512M longs, also 87% short
  • —24-hour cohort: $847M longs vs $199M shorts, or 81% long
  • —ETH in 7-day cohort: 94% short with $27M unrealized loss
Why it matters: Heavy short positioning among top performers signals bets on a pullback after BTC, ETH and ZEC rallied over the past 24 hours.
Source: TokenPost