Markets· ★★· bullish·

Trader cuts Bitcoin short by 180.8 BTC, leaving 3.15 BTC

  • —The 180.8 BTC short reduction is valued at roughly $14.1 million
  • —A 3.15 BTC short remains after the cut
  • —About $6.47 million of shorts were liquidated and $0.26 million opened during the period
  • —Cumulative profit on the contract account is about $31.86 million
Why it matters: Large BTC shorts are being unwound, which may signal a shift in trader positioning and easing sell pressure.
#BTC
Source: TokenPost
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