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Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M...

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7 months ago 7 months ago

Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?


Marcel Pechman
by Marcel Pechman 7 months ago7 months ago
Bitfinex Bitcoin longs total .8B while shorts stand at M — Time for BTC to rally?


Bitcoin margin longs dropped, but options and ETF flows point to strong bullish sentiment from professional investors.

Key takeaways:

Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.

$6.8 billion in long positions far outweight the current $25 million in shorts.

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