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Bitcoin short position refers to a trading strategy where investors anticipate a decline in the price of Bitcoin, allowing them to profit from drops in value.Recently, a staggering $38.6 million in BTC was shorted using impressive 20x leverage, illustrating the growing interest in shorting Bitcoin among traders.

HYPE trading has emerged as a captivating development in the realm of decentralized trading platforms, particularly with the recent explosive growth in position sizes.One notable instance involved an address leveraging 10 times to secure approximately $3 million in HYPE, which has impressively ballooned to roughly $19 million.