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Analysis

Bitcoin Longs Reach a New ATH on Bitfinex

  • June 7, 2022

The long BTC margin position on Bitfinex reached a new ATH after a spike at the beginning of May. Despite the falling Bitcoin price, some traders remain extremely bullish; currently, there are over 92.2K BTC contracts opened, which is about 70% higher than the previous record set in late July 2021.

What are your thoughts on Bitcoin? Share your opinion in the comments.

👉https://cryptorank.io/price/bitcoin
👉https://cryptorank.io/derivatives-analytics/bitcoin


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