Surging Bitcoin Margin Longs on Bitfinex: A Bullish Signal or Leverage Trap?
Bitcoin enthusiasts are watching the charts closely, and recent data from Bitfinex exchange is sparking intense debate. Margin longs for Bitcoin (BTC) have skyrocketed to a dramatic six-month high, reaching a staggering 80,333 BTC – that’s a massive $6.92 billion! This impressive surge, first highlighted by Cointelegraph, marks a significant 27.5% jump since February 20th. […]
