Bitcoin shorts have increased by 235% in the last 12 hours, almost 150 million dollars worth.

It looks like some big player(s) are attempting to put some down pressure on the market as we move closer to expirations on the 25th.

You can check the charts and data on datamish.com to see it in real time.

Someone may know something none of us have the inside information on, but I personally believe the existing shorts didn't expect the market to react as well as it has to the war in Ukraine and the sanctions that have come with it, so they're attempting to lessen max pain.

In fact, I can't think of a single better advertisement for crypto in general since the 2007 recession and market crash. It's just heartbreaking that this whole situation is the thing best showing why it's needed in the first place.