$BTC OnChain Analysis 🧠

⚠️ Extreme Long/Short Ratio on Bitfinex!

Currently, there are 374 times more Longs than Shorts on Bitfinex!

🦖Long Positions: 61,700 BTC

🐻 Short Positions: 174 BTC

This remarkable imbalance in the market could indicate traders' strong confidence in a Bitcoin rally, but it also calls for caution ⚠️ — extreme positions often lead to volatility.

We are Seeing Very Unique OnChain Data.