Bitfinex Bitcoin longs total $6.8B while shorts stand at $25M — Time for BTC to rally?

The significant gap between $6.8 billion in Bitfinex longs and $25 million in shorts reflects traders’ confidence. With positive institutional flows into U.S. Bitcoin ETFs totaling $2.4 billion, the outlook for BTC remains optimistic despite the drop in margin longs.

The decline in Bitfinex’s margin longs suggests profit-taking rather than a bearish trend. Traders are leveraging arbitrage opportunities created by the low margin trading interest rate, and Bitcoin’s options delta skew indicates sustained bullish sentiment among market players.