Bitfinex Bitcoin Whale Long Positions Surge 36%: What Does it Mean?

Large Bitcoin investors on Bitfinex are once again commanding market attention. Analysts tracking leveraged positioning data show that margined Bitcoin long positions held by “whales” have surged sharply, approaching levels last seen in March 2024. The renewed build-up is occurring even as broader market participation cools, raising questions about what these well-capitalized traders are signaling. What Does the Record High in Whale Long Positions on Bitfinex Signify? According to on-chain analyst James Van Straten, Bitfinex whales have continued to add aggressively to their positions source: https://beincrypto.com/bitfinex-bitcoin-whale-long-positions-record-december-2024/