June 9, 2025

Binance Traders Open New Bitcoin Short Positions, What’s Ahead?

1 min read

With a more than 20% rally in the last two weeks from the lows of $53,500, the Bitcoin price seems to taking a breather at this point. Bitcoin is facing another partial retracement dropping by 1% in the last 24 hours and moving closer to $64,000. On-chain data shows Binance traders opening fresh short positions The post Binance Traders Open New Bitcoin Short Positions, What’s Ahead? appeared first on CoinGape .

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Source: CoinGape

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