Markets· ★★★· bearish·

Top traders boost shorts to $29.75B as 95% of positions bet against the market

  • —Short exposure jumped 57% in eight hours, from $18.96B to $29.75B
  • —BTC: 174 short accounts versus 54 long, shorts worth $967M
  • —BTC unrealized loss of $17.6M is the largest in the 24-hour group
  • —ZEC shorts are the most profitable: $13M daily, $21.3M weekly
Why it matters: The heavy short skew raises the risk of a squeeze if BTC rebounds from $80K.
#BTC#ETH#ZEC#XRP
Source: TokenPost
More on this
Markets · Oct 19
Top traders boost Ethereum dollar-margin longs by 4.16 pp as XRP positions shrink
 Markets · 07:00
Top traders cut shorts 37% to $18.96B, but 86% of positions stay short
 Markets · yesterday
Top traders on Hyperliquid and Lighter flip to shorts as 92% of positions turn bearish