According to datamish, over the past month, Bitfinex whales have added approximately 6,165 BTC long positions, including a total of approximately 3,869 BTC long positions since April 30. Bitfinex BTC long positions currently stand at 48,978 BTC.

Chart and health score for long and short positions on Bitfinex. See if leveraged bears or bulls are due for a margin squeeze!

Datamish.com

Twitter

Odaily Odaily News Coinglass data shows that the total open interest of BTC futures contracts on the entire network is 474,660 BTC, equivalent to approximately US$30.47 billion. Among them, the open interest of CME BTC contracts is 129,940 BTC (approximately US$8.33 billion), ranking first; the open interest of Binance BTC contracts is 111,860 BTC (approximately US$7.18 billion), ranking second.

The total open interest of BTC contracts on the entire network increased to US$30.47 billion

According to ChainCatcher, Bitfinex published an analysis that BTC has fallen sharply to a local low in the past week, and has experienced market sentiment fluctuations. In the current market, $58,700 seems to be an important support level in the near term. The current economic situation means that the Federal Reserve will continue to take a cautious and prudent approach, maintaining interest rates at 5.25-5.50%, and has now slowed the pace of asset reduction on the balance sheet, thereby increasing demand for Treasury bonds. In the Bitcoin market, traders are still seeking price equilibrium, and volatility has eased.

Bitfinex Alpha: $58,700 is an important support level for Bitcoin in the near term. Although there has been a pullback in the past week, volatility has eased

There is no longer a 500x in the “traditional” crypto market, there is now a much more interesting casino.
By Regan Bozman
Compiled by: TechFlow
Why is there so much talk of the cycle being over? Why is everyone so miserable? We can boil it all down to this: retail investors can no longer make real money in the current market structure.
Some random thoughts on returning to basics and getting rid of the current cycle Why there are no retail investors in this round of market, the answer is actually very simple - this is because the "traditional" cryptocurrency market (such as infra ...