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Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?

Coin Telegraph LogoCoin Telegraph1d ago

Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally? - Coin Telegraph

Quick Summary:

Although this data does not reveal whether Bitcoin is any closer to breaking above $105,000, the fact that there are $6.8 billion in leveraged margin longs clearly shows that professional traders remain highly optimistic about the price outlook.

Key takeaways:Bitfinex margin longs fell 18%, despite Bitcoin price rising 24% in 30 days.$6.8 billion in long positions far outweight the current $25 million in shorts.

Therefore, the drop in Bitcoin margin longs does not mean institutional traders are turning bearish, especially when considering the BTC options markets.

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Article Details

Author / Journalist: Cointelegraph by Marcel Pechman

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-16 @ 20:14:46 (1 days ago)

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Article Length: 598 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 28750554

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?" was covered 1 days ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 9 news stories per day.

It's most recent story was published 9 hours ago.

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  • URL: https://petrogale.beamstart.com/news/bitfinex-bitcoin-longs-total-68b-17474233333253

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