📊🤔 $BTC Extreme Long/Short Ratio on #Bitfinex , there are 374 times more Longs than Shorts!

🟩 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.