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Bitcoinist
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Bitcoin Whales Resume Shorting Positions Amid Rising Positive Market
- Whale investors in Bitcoin have resumed shorting positions despite the positive market trend.
- The Whale Position Sentiment metric indicates an increase in whale shorting activity.
- Bitcoin needs to stay above the $62,200 level to avoid transitioning into bearish territory.
- While short positions have triggered liquidations, the largest liquidity pool is below $40,000.
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