Bitcoin Longs Hit Multi-Year High on Bitfinex, Raising Downside Risk

Source: BeInCrypto

Bitcoin Longs Hit Multi-Year High on Bitfinex, Raising Downside Risk
Bitcoin long positions on Bitfinex have surged to roughly 79,343 BTC, the highest level since November 2023. Analysts view this spike as a warning signal.  Historically, similar buildups in leveraged longs have coincided with local price tops or sharp declines. This metric reflects margin trade