Smart Money Increases Short Positions in BTC and SOL

According to BlockBeats, on-chain AI analysis tool CoinBob has reported that at 23:57 UTC+8, the entity known as 'Calm Order King' executed a significant short position on Bitcoin. The position involved approximately 159 BTC at an average price of $113,200, with a leverage of 40x, resulting in a nominal value exceeding $17.9 million. Additionally, over the past nine hours, this address has slightly increased its short position in SOL, with the current nominal value of the position around $27.6 million and a floating yield close to 50%. Monitoring data indicates that during two minor pullbacks, the address partially closed positions in batches, achieving rolling profits within the last two hours. The address still holds a BTC short position valued at approximately $13.57 million. The primary position distribution includes a 20x SOL short valued at $27.6 million and a 40x BTC short valued at $13.6 million.