Bitfinex whales boost long positions by 2,500 BTC

exchange681 week ago

0 0 2 minutes read

As Bitcoin tumbled from $70,000 to $60,000 in just 17 days this June, CryptoSlate’s in-depth analysis of Bitfinex whales reveals an interesting trend. These influential players have added over 2,500 BTC to their margin longs as the flagship crypto consolidates between $60,000 and $70,000 — pushing the total to 50,880 BTC. Their savvy movements aligned almost perfectly with market highs and lows earlier in the year. But what exactly are they signaling now with their recent activity? The data unveils a…

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