We are Mega Fucked, anons

is the value the raw amount of BTC in longs on Bitfinex? why is the number so huge

>It has never been anywhere close to this high
more participants in a new and emerging market is not a bad sign user
you could also say people saw max value at the prices seen in the past few months

there is no accurate way to know the real leverage values of these shorts unless you have insider exchange access

haha nice you are on to something, but I won't say

I'll give you a hint though: thats from bitfinex. bitfinex is chinese. good luck!

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sweeps sweep leveraged and unleveraged positions reatrad

People are just hedging instead of selling
It's bullish because whales do not want to sell
But bearish because big money think we have serious downside risk
>t. you are all retarded, you need to look at the spread between shorts AND longs....

most of those longs are sub 25k

There's no way this many people think btc is genuinely going to 6 figures in 2023.

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I'm not completely retarded, but i'm close. Could you frens walk me through what this chart means like having a little brother who was touched in the brain?

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longs opened from 30k to 25k

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how are longs hedges against selling your stack, you'll lose doubly so in a market crash
shorts are hedges against your stack user, it loses value but thats compensated by the gains from your shorts

this is BITFINEX LONGS, the exchange of tether, there's also a guy over there John J. Brown, rich as fuck motherfucker who literally only longs and adds ad infinum. Probably Paulo himself. They're doing something called buying the bottom. that's a big fat fucking long with no repercussion of being liquidated, cuz it's john fucking j brown just longing with his hundreds of millions. crash it to 3k? those longs would just reach 500k

>pic
What does that mean?

>D0MAM

try Google
you're welcome

>no repercussion of being liquidated, cuz it's john fucking j brown just longing with his hundreds of millions. crash it to 3k? those longs would just reach 500k

explain this part again but much slower so only a retard can understand.

to add to this add the tether mc graph over this
its going up again so real money inflow it means the times of pink are over

but still dont get why you quoted my post, id like to see user explain himself how longs are hedges for a stack

He thinks billionares are diamond hands and will hold btc to basically zero so no need to fear simple minded retail trader, just keep buying

cuz John J Brown has literally only ever longed on bitfinex, being hundreds of millions in the red multiple times earlier, just adding and adding until going green again. this guy is a fucking monster, which is why it's probably Paulo himself. You cannot liquidate this guy. His pockets are made to buy bitcoin until there are no bitcoin left. He's also not using leverage lmao

he just adds to longs if price goes down

>creates thread
>doesn't want to elaborate for dummies
I'd call you lazy and arrogant, but that's me.