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The largest on-chain Bitcoin short position has increased to $125 million through additional short selling.

Aug 14, 16:40

August 14th, according to on-chain analyst Ai Yi (@ai_9684xtpa), the largest on-chain Bitcoin short position has increased its short position, reaching $125 million, with a current unrealized gain of $1.794 million.

The whale added another 258 BTC to its position 5 minutes ago, with the latest position now totaling 1900 BTC, with an entry price of $63,582 per BTC.