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BTC Long Positions Rise as Bitcoin Price Drops, Whales Accumulate The Coin Republic 03 sept. 2024

BTC Long Positions Rise as Bitcoin Price Drops, Whales Accumulate 🐋

USA Bitcoin Bitfinex

With the Bitcoin (BTC) price seeing strong selling pressure over the past week, BTC whales have turned active, buying the current dips.

Data from the Bitfinex derivatives market shows that more than 3,000 new BTC long positions have been initiated since August 28, highlighting increased market activity.

Earlier today, the BTC price took a significant plunge, further emphasizing the recent volatility and the strategic actions taken by crypto whales.

Source : www.thecoinrepublic.com ↗

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