The number of Bitcoin long contracts on margin trading platform Bitfinex has exploded in December to reach the highest level in years, far exceeding the levels of BTC’s late 2017 bull market. Traders currently hold more than 43,000 long positions, worth $299,784,000, on Hong Kong-based Bitfinex. The ratio is overwhelmingly skewed in favor of the […]The post Bitcoin longs hit record high on Bitfinex, long squeeze incoming? appeared first on CryptoSlate.
