Data: Since March this year, addresses that have consecutively shorted BTC four times have increased their BTC short positions to approximately $139 million.
According to ChainCatcher, on-chain analysts have monitored that the address which has "shorted BTC for four consecutive times since March 2025" has increased its BTC short position to 1,209.36 BTC (approximately 139 millions USD). Meanwhile, 10 minutes ago, a limit sell order of 22.05 BTC was placed in the $115,331 - $115,570 range.
The take-profit point for this address is set at the $97,332 - $98,932 range; however, since this address has held its position for several months and has already earned over 8.35 millions USD in funding fees, it may be hedging.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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