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Bitcoin Whale Bets on Downside With Heavy $120M Short

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Bitcoin Whale Bets on Downside With Heavy $120M Short

A major crypto investor has significantly expanded short positions in Bitcoin and Ethereum, deepening bearish sentiment amid a broader market struggling to regain momentum. On-chain data shows that a whale wallet identified as 0x94d3 has continued to build downside exposure after sharply reducing its Bitcoin holdings earlier in the week.

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