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Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitfinex Bitcoin longs hit a record-high, but does that mean BTC has bottomed?

A key derivatives metric used by margin traders has hit a record-high, but there’s plenty of risk and a catch to consider.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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