Bitfinex whales increased their long positions by 10,000 BTC during this round of Bitcoin correction

ChainCatcher news, according to CryptoSlate, Bitcoin is still experiencing a consolidation phase in its cycle, stabilizing around the $57,000 mark. Notably, Bitfinex whales have significantly increased their long positions, currently holding 58,595 Bitcoins. This marks an increase of over 10,000 BTC for this group since June 13, when the Bitcoin price was $66,000 and their holdings were at 48,455 BTC.

Meanwhile, since the market began to adjust on June 7, short positions have slightly increased, indicating that market sentiment is becoming cautious, and traders are still considering shorting Bitcoin during this correction phase.