Bitcoin Short Positions Surge to $340M as Four Wallets Open Trades Near $64,000

Four wallets collectively initiated $340M in Bitcoin short positions near the $64,000 mark, signaling concentrated bearish sentiment at current price levels.

Woofun AI data shows that four distinct wallets have collectively established short selling positions totaling approximately $340 million in Bitcoin, with entry points clustered around $64,000. The largest position involves an address shorting 1,792 Bitcoins valued at $114 million at an entry price of $63,999. A second address shorted 1,576 Bitcoins worth $100 million at $64,038, while a third sold short 1,200 Bitcoins valued at $76,450,000 at $64,418. The final wallet executed a short on 806 Bitcoins worth $51,350,000 at an entry price of $64,398.