6 days ago

Bitfinex ETH Shorts Double as Whale Moves Signal Major Ethereum Move Ahead

TLDR: Bitfinex ETH shorts surged sharply in 72 hours, signaling aggressive whale bearish positioning. Ethereum remained above key support despite rising short exposure from large market participants. Historical Bitfinex short spikes have often preceded strong volatility and short squeeze events. ETH gained 0.84% daily and 0.28% weekly, showing resilience amid growing bearish sentiment. Bitfinex ETH [...]

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Source: Blockonomi →