You are viewing a single comment's thread from:RE: Margin shorts on Bitfinex are now higher than when Bitcoin was at $20k.View the full contextkywt (64)in #bitcoin • 8 years ago Good call yesterday. Wonder if the short covering led correction is temporary though?
There are still 25k shorts on Bitfinex, so there's are plenty of positions yet to be liquidated. I wouldn't be surprised to see another spike soon, as the longs are emboldened now. Next 24h should be very interesting!