Two major whales opened a short position on Bitcoin for more than $100 million $BTC

According to on-chain monitoring data, two large positions at once are betting on a decline in BTC:

🔴 0x069a
• Short: 900 BTC
• Leverage: 40x
• Position size: $53.69 million

🔴 0x3e7a
• Short: 800.75 BTC
• Leverage: 20x
• Position size: $47.76 million

💰 The total volume of short positions exceeds $101 million.