Over the past four months, leveraged futures traders have seen intense activity, chasing quick profits using massive leverage. But there's a downside to this situation: massive liquidations of positions, both long and short.
The US state of Texas has made its first allocation to a strategic Bitcoin reserve.
🐋 On Hyperliquid, the majority of whales are short.
Shorts are slightly overweight, with their positions profiting $224 million, while longs are down -$92 millions.
🐋 Whales inflows have increased over the past 30 days.
Whales inflows to Binance have reached $7.5 billions over the past 30 days, marking a record surge this year. Similar surges were observed in March of this year, when BTC also fell below $100,000.
For a full recovery of the uptrend and the market to reach new highs, significant activity from whales is essential.
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📊 $BTC futures trading hits all-time high
Over the past four months, leveraged futures traders have seen intense activity, chasing quick profits using massive leverage. But there's a downside to this situation: massive liquidations of positions, both long and short.
💰Texas invests $5 million in $BTC ETF
The US state of Texas has made its first allocation to a strategic Bitcoin reserve.
🐋 On Hyperliquid, the majority of whales are short.
Shorts are slightly overweight, with their positions profiting $224 million, while longs are down -$92 millions.
🐋 Whales inflows have increased over the past 30 days.
Whales inflows to Binance have reached $7.5 billions over the past 30 days, marking a record surge this year. Similar surges were observed in March of this year, when BTC also fell below $100,000.
For a full recovery of the uptrend and the market to reach new highs, significant activity from whales is essential.