Bitcoin Faces Bearish Pressure from Gambler 0xff84's $125M Short Position
A significant short position in Bitcoin has been held by Gambler 0xff84, amounting to $125.37 million.
This is the largest on-chain bearish stance in the market, with an unrealized profit of $1.79 million.
The critical resistance range of $64,000 to $65,000 is currently being tested by Bitcoin, and this short position adds complexity to the situation.