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Crypto

Bear Loses $4.5M in Five Days, Still Shorts BTC

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A persistent bear continues to bet against Bitcoin, despite losing over $4.5 million in just five days.

The trader has shorted BTC and ETH a total of 14 times since Bitcoin's rally began, but each time has come up empty-handed.

The latest short position is a 40x short on 300 BTC, worth around $23 million.

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