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Famous trader expands BTC short positions to $195 million with 40x leverage, drawing market follow.
According to reports, a well-known trader has expanded their Bitcoin short positions to $195 million, using 40x leverage. The current situation is as follows:
The trader's position details:
Another highly followed trader's position status:
The actions of these two traders have attracted widespread attention in the market, and their large short positions reflect their views on the short-term Bitcoin price trend. However, considering the high volatility of the cryptocurrency market, such high-leverage operations also come with significant risks. Market participants are closely monitoring the subsequent movements of these large players and their potential impact on the overall market.