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Trading Address Expands Bitcoin Short to $197.2 Million

TokenPost·October 20, 2026·1 min read
Trading Address Expands Bitcoin Short to $197.2 Million

A trading address expanded its bitcoin short position to $197.2 million, adding about $3.52 million on Oct. 20. The account has accumulated over $135 million in cumulative contract gains. This move indicates continued bearish sentiment from a significant trader, potentially influencing market dynamics.

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