What's the Status of Bitcoin?
While spot purchasing power decreases on the#Bitcoinside, we see an increase in the number of open transactions on the futures side.
When we look at the details of the transactions, it is possible to say that transactions were opened especially in Binance and Bitfinex exchanges and they were predominantly short transactions.
If spot purchases do not continue and the short transaction weight gradually increases, we may see withdrawals in a short time period. Stay tuned
Via: @CryptoPNZ