coin-img-ETHETH+0.46%coin-img-BTCBTC+0.25%coin-img-UCNUCN-12.03%coin-img-SOLSOL+0.49%coin-img-XRPXRP-0.04%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+0.18%coin-img-ADAADA+0.84%coin-img-ETHETH+0.46%coin-img-BTCBTC+0.25%coin-img-UCNUCN-12.03%coin-img-SOLSOL+0.49%coin-img-XRPXRP-0.04%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+0.18%coin-img-ADAADA+0.84%coin-img-ETHETH+0.46%coin-img-BTCBTC+0.25%coin-img-UCNUCN-12.03%coin-img-SOLSOL+0.49%coin-img-XRPXRP-0.04%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+0.18%coin-img-ADAADA+0.84%coin-img-ETHETH+0.46%coin-img-BTCBTC+0.25%coin-img-UCNUCN-12.03%coin-img-SOLSOL+0.49%coin-img-XRPXRP-0.04%coin-img-USDCUSDC-0.01%coin-img-DOGEDOGE+0.18%coin-img-ADAADA+0.84%

Bitfinex Whale Long Positions Hit 72,000 BTC vs 286 BTC Shorts, Mirroring April 2024 Bottom Pattern

Bitfinex whale positioning data show around 72,000 BTC in long positions versus only 286 BTC in shorts, crypto analyst CW said on Jan. 11. A similar setup appeared in April 2024 when Bitcoin traded near $74,000, around its yearly low. CW said the current distribution suggests Bitfinex whales hold a bullish view on the market outlook.
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