Short positions on CEXs hit extreme levels, marking a major bottom for Bitcoin
Short positions on centralized crypto exchanges have surged to their most aggressive levels since August 2024, when Bitcoin walked into a multi-month bottom of $55,000 before surging to its year high $106,000 just four months later. According to aggregated funding rate data compiled by Santiment Feed, market-wide positioning is currently leaning heavily towards the downside. […]
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