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Whale Adds Short Positions in Bitcoin and Ethereum, BTC Short Value Hits $120.41M

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BTC
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A whale with wallet address ending in 0x94d3 has added short positions in Bitcoin and Ethereum, following a prior sale of 255 BTC ($21.77 million). Value investing in crypto strategies appear to influence this move. The whale now holds 1,362.76 BTC short positions ($120.41 million) and 715.79 ETH short positions ($2.15 million). Traders are watching key support and resistance levels as short positions grow.
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