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Top trader Eugene: Stop shorting and turn bullish

BlockBeats reported that on October 18, top trader Eugene Ng Ah Sio posted on social media that he had closed his short position, and that Bitcoin's open interest had disappeared as the price of BTC rose, so it had flipped to long.

The screenshot shows that Eugene Ng Ah Sio currently has a 3x long position at a Bitcoin price of $67,354, with a position of $35.42 million.

BlockBeats previously reported that Eugene Ng Ah Sio said yesterday that the current Bitcoin open position is a bit high, and given the upcoming election, there are some concerns about the market's sensitivity to BTC's decline.

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