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Bitcoin margin long-to-short ratio at Bitfinex reach the highest level ever

Sept. 12 will leave a mark that will probably stick for quite a while. Traders at the Bitfinex exchange vastly reduced their leveraged bearish Bitcoin (BTC) bets and the absence of demand for shorts could have been caused by the expectation of cool inflation data.Bears may have lacked confidence, but

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Bitcoin Bets Look Bearish as Futures Trading Hits Record Level

The bitcoin-denominated open interest (OI) in futures and perpetuals (futures with no expiry) tied to the largest cryptocurrency has risen to a new record high of 565,579 BTC ($10.6 billion), surpassing the previous peak of 548,096 BTC reached in February 2020, according to Arcane Research. The data covers positions on

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