BTC longs just keep going up. What's going on here?
BTC longs just keep going up. What's going on here?
Michael Phillips
Jack Martinez
What's going on is that you're looking at bitfinex that's leaning heavy into the long positions.
Cameron Scott
You mean what's going long here? Hehe
Josiah Ortiz
Looks scary. Highest it ever was.
Nathaniel Rogers
isnt that a big component of manipulating the btc price?
Kevin Evans
It’s a prank
Luke Flores
mm yummy in my tummy, more liquidations to feed me
Jeremiah Wilson
you mean what's going Wong here?
Gavin Robinson
Looks like another long squeeze downward is being set up
Jackson Roberts
Colton Thompson
Every dump is bullish af.
Charles Ortiz
bitfinex whales realise tether is cooked - they are basically offloading their USDT for anything possible
Michael White
Hopium to get you to hold while they dump.
Lucas Gonzalez
people hedging their spot sells
Jose Rivera
Checked. Explain?
Logan Campbell
some people refuse to short because they think its immoral
...yea...
Ethan Myers
Blake Young
This is retarded logic. Why wasn't it this high in May then? Literally making aths
Lincoln Cruz
Maybe it's fake
Cooper Bell
>z0yS
Jackson Thompson
*May 2021
Caleb Butler
this
or its all that one whale dude
Michael Edwards
Bitcoin is a hedge against inflation.
Matthew Cook
FUN FACT
Unlike all other derivative exchanges, Shorts do not have to equal Longs on bitfinex.
SHORTS=/=LONGS on bitfinex.
Spot order books and leverage order books are combined.
The guy's longing all the spot sells that are being dumped. He's a major slurper
Adrian Gutierrez
sell 1,000,000 worth of bitcoin
don't want to miss potential upside so buy back in 1,000,000 with $100,000 at 10x leverage