Bullish$BTC bitcoin plays on Bitfinex swell to highest since early 2024
What to know:
Bitfinex margin longs have risen to roughly 72,700 BTC, up from around 55,000 BTC since October, matching levels seen just before bitcoin’s March 2024 peak near $73,000.
Historically, major bitcoin bottoms have aligned with Bitfinex whales reducing long exposure, a signal that has not yet appeared.
BTCUSDT
Perp
87,757.1
-2.22%
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