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

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

The whale added another 258 BTC to its short position 5 minutes ago, with the updated position now at 1900 BTC and an entry price of $63,582.

Source: BlockBeats

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