Bitcoin price will rebound? After a record surge, Bitfinex’s BTC short positions fell by 25%
(Bitcoin) Short positions should be aware of potential blows, as the number of margin short positions on the Bitfinex exchange plummeted by approximately 25%.
As of 12:20 GMT on Saturday, the data set dropped to 11,066 BTC, compared to 14,897 BTC at the opening. At the same time, the decline is part of a larger downtrend that began on July 15. On that day, the total number of margin short positions reached 17,053 BTC.
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