"Binance Bitcoin Long Positions Decrease by About 10%"

Source
Son Min

Summary

  • It has been reported that the number of Bitcoin long position holders on Binance has decreased by 10%.
  • Analyst Ali Martinez reported that the Binance long position ratio decreased from 66.53% to 56.85%.
  • This suggests an increase in Bitcoin profit-taking within Binance.

In the past 24 hours, it has been observed that the number of Bitcoin (BTC) long position holders on Binance has decreased by 10%.

On the 2nd (local time), virtual asset analyst Ali Martinez stated on X, "In the past 24 hours, the number of Binance Bitcoin long position holders decreased from 66.53% to 56.85%," adding that "this indicates an increase in Bitcoin profit-taking on Binance."

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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