Bitfinex's Bitcoin margin long positions have increased by 40% in the past three months, with traders adding to their positions on dips.

During this market correction, Bitfinex traders continued to increase their Bitcoin holdings, with the amount purchased through borrowed funds rising to 70,714 Bitcoins, up from approximately 50,000 Bitcoins in early August. Furthermore, margin long positions on Bitfinex have increased by 42% over the past three months, highlighting continued market confidence even as the market heads towards its weakest monthly performance since June 2022. (CoinDesk)