Bitfinex whales' $BTC long positions are now at their highest level in 2.5 years. Historically, whales build their long positions during a downtrend. And, when they start closing these long positions aggressively, Bitcoin will surge. For now, it seems that whales are not expecting a mega surge.
Ted
@TedPillows
Bitfinex whales' $BTC long positions are now at a 2.5-year high. Historically, the whales build their long positions during a downtrend. And once they start closing the longs aggressively, Bitcoin will pump. For now, it seems like whales aren't expecting a mega pump. https://t.co/1h0kqVOs1d
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