According to Ai 姨 (@ai_9684xtpa), two major crypto addresses, 0x5b5...8c060 and 0xB83...D6E36, have opened large short positions on BTC, ETH, and SOL worth a combined $337 million, utilizing 5x and 3x leverage respectively. These positions are backed by substantial collateral and relatively low leverage, characteristics commonly associated with institutional traders. The on-chain data suggests significant institutional bearish sentiment, which could result in increased downward pressure on these key cryptocurrencies. Traders should closely monitor these addresses and overall short interest as institutional moves often precede large price swings. (Source: Ai 姨 @ai_9684xtpa, Twitter, May 18, 2025)

According to The Kobeissi Letter, hedge funds’ long/short ratio on Magnificent 7 stocks has dropped to approximately 2.5x, marking the lowest level on record. This bearish positioning contrasts with the 3.0x ratio seen at the end of the 2022 bear market, indicating a significant shift in institutional sentiment. For traders, this highlights increased caution among institutional investors toward leading tech stocks, which could impact price volatility and short-term momentum strategies. Source: The Kobeissi Letter (Twitter, May 2, 2025).