Bitfinex whales dump BTC longs as $135K Bitcoin price target reemerges

Bitcoin whales began repeating a classic bull signal as they took BTC long positions off the table after a year of declining overall market exposure.

Bitcoin (BTC) whales are “aggressively” reducing long exposure as a classic bull signal reappears.

Key points:

Bitfinex whales are rotating out of BTC long positions — something that preceded major price gains in the past.

Read more