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Bitcoin (BTC) could emulate the success of GameStop stocks as recent data reveals that the top cryptocurrency is heavily shorted by hedge funds just like GME. One Hedge Fund called Fred Capital has $7 trillion in short positions against the top cryptocurrency.

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Just found out this hedge fund, FRED Capital has a $7 trillion #Bitcoin short position. 👀 pic.twitter.com/GZ1jcgf8mA

— Documenting Bitcoin (@DocumentingBTC) January 29, 2021

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