Bitcoin whales boost long positions on Bybit and HTX amid market dip

Full story: https://grafa.com/news/bitcoin-whales-boost-long-positions-on-bybit-and-htx-amid-market-dip-234030

Bitcoin (CRYPTO:BTC) whales on leading exchanges like Bybit and HTX are significantly increasing their long positions, signaling a bullish sentiment amid the current market downturn.

The Taker Buy Sell Ratio, a key indicator of market sentiment, has surged notably on both platforms, indicating strong confidence in Bitcoin's future price movement.

Despite Bitcoin's price stability around $69,420, these whale actions could foreshadow broader market trends, potentially attracting more investors and influencing future price actions.

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