Six traders opened large leveraged Bitcoin positions with a combined notional value of about $348.48 million, according to Lookonchain. Four traders collectively shorted 3,895 BTC worth $249.4 million, with liquidation prices at $64,600.83, $66,281.28, $66,305.03 and $66,545.09. Two traders collectively went long 1,547 BTC worth $99.08 million, with liquidation prices at $61,200.15 and $61,831.74. The positioning points to concentrated directional bets in the Bitcoin market, where liquidation prices mark the levels at which exchanges can forcibly close leveraged positions if losses exhaust posted collateral.