Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Bullish bitcoin plays on Bitfinex swell to h
Markets
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Bullish bitcoin plays on Bitfinex swell to h
Bullish bitcoin plays on Bitfinex swell to highest since early 2024
Bullish bitcoin plays on Bitfinex swell to highest since early 2024
Margin long positions continue to climb, signaling strong conviction despite bitcoin’s weakness.
By James Van Straten|Edited by Omkar Godbole
Updated Dec 22, 2025, 10:28 a.m. Published Dec 22, 2025, 10:06 a.m.
Bitfinex Whales (TradingView)
What to know:
- Bitfinex margin longs have risen to roughly 72,700 BTC, up from around 55,000 BTC since October, matching levels seen just before bitcoin’s March 2024 peak near $73,000.
- Historically, major bitcoin bottoms have aligned with Bitfinex whales reducing long exposure, a signal that has not yet appeared.
The number of bullish bitcoin BTC$89,793.64 bets raised with borrowed funds continues to rise on Bitfinex, one of the oldest cryptocurrency exchanges.
The so-called margin long positions have risen to roughly 72,700 BTC, the highest since February 2024, according to data source TradingView. The tally has increased from around 55,000 BTC since October, indicating a persistent dip buying operation throughout the price slide to $89,000 from over $126,000. At one point in November, prices hit a low of nearly $80,000 on some exchanges.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
The buildup in long exposure highlights confidence among traders even as bitcoin is on track for three consecutive monthly declines, a pattern not seen since mid 2022, during the bear market.
Interestingly, the number of bullish 'margin long' bets on Bitfinex has historically been a contrary indicator for the market. These positions typically peak when the market is struggling and then dry up just as a new uptrend begins to take hold.
In past cycles, a sustained decline in margin longs has coincided with market bottoms or the early stages of a recovery. This pattern was strikingly evident during the August 2024 yen carry trade unwind, when bitcoin bottomed out at around $49,000, coinciding with a sharp reduction in leveraged bets.
A similar dynamic unfolded during the tariff-driven sell-off in April 2025; as prices dipped toward $75,000, the decline in margin longs once again signaled that the weakest hands had been shaken out, setting the stage for a subsequent bounce.
For now, the continued increase in leverage suggests that BTC prices are yet to find a bottom.
Bitcoin NewsBitfinexWhale
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Boxing Day bonanza: $27 billion in bitcoin, ether options set for year-end reset
The expiration involves over 50% of Deribit's total open interest, with a bullish bias indicated by a put-call ratio of 0.38.
What to know:
- The crypto market is preparing for the expiry of $27 billion of bitcoin and ether options on Deribit on Friday.
- The expiration involves over 50% of Deribit's total open interest, with a bullish bias indicated by call options outnumbering puts by almost 3-to-1.
- The market's panic has subsided, and the looming expiry is likely to be much orderly than last year, according to Deribit.
Read full story
Latest Crypto News
Boxing Day bonanza: $27 billion in bitcoin, ether options set for year-end reset
Uniswap vote, U.S. GDP: Crypto Week Ahead
Uniswap token burn moves closer to reality as 99% voters favor ‘fee switch’ proposal
Hong Kong proposes new rules to tap insurance capital into cryptocurrencies
Binance opens up ways for users to generate income using ETH options
Dogecoin slips below $0.129 as range support gives way
Top Stories
Bitcoin steadies near $89,000 as gold hits record and Asia stocks rise
Hong Kong proposes new rules to tap insurance capital into cryptocurrencies
XRP weakens after repeated price-action failures near $1.95
Boxing Day bonanza: $27 billion in bitcoin, ether options set for year-end reset
Galaxy Digital’s head of research explains why bitcoin’s outlook is so uncertain in 2026
Tom Lee responds to controversy surrounding Fundstrat’s differing bitcoin outlooks
Market Opportunity
Bullish Degen Price(BULLISH)
$0.02013
$0.02013$0.02013
USD
Bullish Degen (BULLISH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Quick Tips for Passing Your MyCPR NOW Final Exam
Introduction: Getting certified in CPR is an important step in becoming prepared to handle emergencies. Whether you’re taking the course for personal knowledge,
Share
Techbullion2025/12/23 00:50
Top Altcoins To Hold Before 2026 For Maximum ROI – One Is Under $1!
BlockchainFX presale surges past $7.5M at $0.024 per token with 500x ROI potential, staking rewards, and BLOCK30 bonus still live — top altcoin to hold before 2026.
Share
Blockchainreporter2025/09/18 01:16
Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council
The post Best Crypto to Buy as Saylor & Crypto Execs Meet in US Treasury Council appeared on BitcoinEthereumNews.com. Michael Saylor and a group of crypto executives met in Washington, D.C. yesterday to push for the Strategic Bitcoin Reserve Bill (the BITCOIN Act), which would see the U.S. acquire up to 1M $BTC over five years. With Bitcoin being positioned yet again as a cornerstone of national monetary policy, many investors are turning their eyes to projects that lean into this narrative – altcoins, meme coins, and presales that could ride on the same wave. Read on for three of the best crypto projects that seem especially well‐suited to benefit from this macro shift: Bitcoin Hyper, Best Wallet Token, and Remittix. These projects stand out for having a strong use case and high adoption potential, especially given the push for a U.S. Bitcoin reserve. Why the Bitcoin Reserve Bill Matters for Crypto Markets The strategic Bitcoin Reserve Bill could mark a turning point for the U.S. approach to digital assets. The proposal would see America build a long-term Bitcoin reserve by acquiring up to one million $BTC over five years. To make this happen, lawmakers are exploring creative funding methods such as revaluing old gold certificates. The plan also leans on confiscated Bitcoin already held by the government, worth an estimated $15–20B. This isn’t just a headline for policy wonks. It signals that Bitcoin is moving from the margins into the core of financial strategy. Industry figures like Michael Saylor, Senator Cynthia Lummis, and Marathon Digital’s Fred Thiel are all backing the bill. They see Bitcoin not just as an investment, but as a hedge against systemic risks. For the wider crypto market, this opens the door for projects tied to Bitcoin and the infrastructure that supports it. 1. Bitcoin Hyper ($HYPER) – Turning Bitcoin Into More Than Just Digital Gold The U.S. may soon treat Bitcoin as…
Share
BitcoinEthereumNews2025/09/18 00:27