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Bitcoin leveraged shorts estimated over $10B, but market-wide impact unclear

Market News
10 Nov 2026, 15:38 WIB
Tokenpost
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Neutral
Bitcoin leveraged shorts estimated over $10B, but market-wide impact unclear

James Lavish claimed that Bitcoin had more than $10 billion in cumulative leveraged short positions up to a price of $83,000, though details on the calculation and positions counted were not provided. A sample of Hyperliquid whale accounts showed about $1.21 billion in Bitcoin shorts and $868 million in longs, but this does not represent the entire market. Short sellers typically buy Bitcoin to close positions, which can trigger forced liquidations and additional buying pressure. Lavish's estimate does not confirm if these positions face liquidation or if a short squeeze is happening, leaving the broader market impact uncertain.

Bitcoin trades at Rp1.334.000.000 on Pluang, down 1.13% in the past day. As of Nov 10, 2026 21:03 WIB, buyers dominate with 77% of order activity, and typical holding time is 113 days.

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