BTC Long-Short Battle Intensifies, Short Position Size Reaches 2.5 Times That of Longs

TechFlow reports, August 11, according to monitoring by on-chain analysis platform Lookonchain (@lookonchain), the current high-leverage battle between Bitcoin longs and shorts continues to intensify. On the short side, 4 traders combined shorted 3,895 BTC (approximately $249.4 million), with liquidation prices at $64,600.83, $66,281.28, $66,305.03, and $66,545.09 respectively; on the long side, 2 traders combined longed 1,547 BTC (approximately $99.08 million), with liquidation prices at $61,200.15 and $61,831.74 respectively.