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

cryptoweekly by cryptoweekly
May 16, 2025
in bitcoin, News
0

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.

Read more

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Recent Posts
  • Many senators absent from ‘bipartisan’ crypto market structure hearing
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  • ETH trades near $2.5K, but weak demand clouds bullish outlook
  • NYC mayor lays out crypto plans as city residents vote in Democratic primary
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