According to short selling research firm S3Partners, short selling of Bitcoin mining stocks has surged 50% in the past 30 days, reaching $4.6 billion. This is the highest level in 2024, with the stock prices of Bitcoin mining companies such as Riot, MarathonDigital, and CleanSpark rising by 86%, 55%, and 73% respectively since September, far exceeding the increase of Bitcoin. Matthew Unterman, Managing Director of S3 Partners, believes that this rapid rise may trigger short selling pressure and lead to market turbulence. @gyihuhohuy