BTC longs and shorts are in a stalemate, with bulls dominating in new positions at the million-dollar level

ChainCatcher message, according to HyperInsight monitoring, in the past 4 hours, the BTC price has been fluctuating narrowly between $107,500 and $108,600, with the market entering a short-term consolidation phase. During this period, a total of 11 BTC whales opened new positions exceeding $1 million, of which 10 chose to establish long positions, while only 1 opened a short position, resulting in a long-short ratio as high as 10:1.

From the active trading data of mainstream exchanges, in the past four hours, the active buy and sell orders show that the long position accounts for 51.6%: Binance long position accounts for 51.27%; OKX long position accounts for 52.31%; Bybit long position accounts for 51.82%. ChainCatcher reminds investors that the volatility in the cryptocurrency market has significantly increased recently, and investors should pay attention to risk control.