Why Are Bitcoin Traders Aggressively Shorting as BTC Hits New Record High?

coindesk.com/markets/2025/05/22/why-are-bitcoin-traders-aggressively-shorting-as-btc-hits-new-record-high

Bitcoin {BTC} galloped to a new record high above $110,000 on Thursday, liquidating around $500 million worth of derivatives positions in its wake, but some traders aren't buying into the bullish sentiment.
Trading volume jumped by 74% in the past 24 hours as traders attempted to position…

This story appeared on coindesk.com, 2025-05-22 11:39:03.
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