BIT ORIGIN LTD (BTOG) Experiencing Abnormally High Short Selling

The chart below shows ALL of the short selling each day in BIT ORIGIN LTD (BTOG). We have consolidated the tape of ALL US stock exchanges and dark pools (this means we get the TRADE IDENTIFIER showing whether the trade was a buy, sell or sell short). The data below shows just the short sales each day in your stock. It includes both EXEMPT (market makers) and NON-EXEMPT (everyone else) short sales in BIT ORIGIN LTD. An average of 38.29% of the daily trading in BTOG is short selling. This is abnormally high and implies there is illicit trading taking place in your stock. We run automated surveillance and reporting algorithms that report manipulative market making and short selling (to FINRA, SEC, Whistleblower's Office and Dept of Treasury FINCEN). We then issue FINRA COMPLIANT research to our large user base to counteract this activity that is driving BTOG lower unfairly.

You can find the full report at https://www.woprai.com/

Please find the applicable data below, drawn from all major market providers.

Date	Short Volume	Total Volume	Percentage	Squeeze Trigger	$ Value
2025-07-23	8,435,185	22,222,227	37.96	0.586	4,943,018
2025-07-22	12,276,154	28,435,286	43.17	0.678	8,323,232
2025-07-21	35,716,379	82,923,319	43.07	0.825	29,466,013
2025-07-18	146,276,215	357,555,091	40.91	0.861	125,943,821
2025-07-17	216,212,882	447,464,582	48.32	0.569	123,025,130
2025-07-16	5,293,460	11,766,139	44.99	0.341	1,806,658
2025-07-15	5,916,575	13,932,780	42.47	0.354	2,094,468
2025-07-14	13,627,934	37,118,362	36.71	0.41	5,587,453
2025-07-11	79,484,675	208,412,987	38.14	0.394	31,316,962
2025-07-10	70,855,295	236,485,840	29.96	0.297	21,044,023
2025-07-09	6,951,736	17,923,853	38.78	0.199	1,383,395
2025-07-08	13,237,071	35,633,947	37.15	0.235	3,110,712
2025-07-07	101,985,643	261,451,680	39.01	0.237	24,170,597
2025-07-03	13,255,954	62,526,857	21.2	0.184	2,439,096
2025-07-02	802,179	2,318,159	34.6	0.161	129,151
2025-07-01	358,881	1,398,578	25.66	0.154	55,268
2025-06-30	692,718	1,394,129	49.69	0.159	110,142
2025-06-27	249,194	1,142,842	21.8	0.162	40,369
2025-06-26	714,469	1,369,193	52.18	0.163	116,458
2025-06-25	728,086	1,480,027	49.19	0.169	123,047
2025-06-24	437,697	1,047,511	41.78	0.167	73,095
2025-06-23	566,309	1,570,643	36.06	0.167	94,574
2025-06-20	1,226,083	3,032,421	40.43	0.173	212,112
2025-06-18	675,546	1,732,163	39	0.167	112,816
2025-06-17	1,095,282	3,153,034	34.74	0.169	185,103
2025-06-16	1,065,933	2,329,384	45.76	0.168	179,077
2025-06-13	2,832,010	4,971,151	56.97	0.173	489,938
2025-06-12	2,043,591	4,149,867	49.24	0.169	345,367
2025-06-11	2,816,327	7,010,080	40.18	0.166	467,510
2025-06-10	726,390	1,600,045	45.4	0.154	111,864
2025-06-09	1,065,255	2,212,476	48.15	0.154	164,049
2025-06-06	981,113	2,082,900	47.1	0.148	145,205
2025-06-05	1,497,808	3,500,730	42.79	0.152	227,667
2025-06-04	515,099	1,551,077	33.21	0.159	81,901
2025-06-03	1,119,260	2,981,560	37.54	0.16	179,082
2025-06-02	1,773,940	4,615,192	38.44	0.157	278,509
2025-05-30	5,977,056	12,982,138	46.04	0.174	1,040,008

Total	1,810,769,744	4,707,121,438	38.47	0.498	902,454,008

* Totals include all data records back to 2022-05-04 00:00:00, data set is truncated for viewing.