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Bad call? Bitfinex bears closed a block of Bitcoin shorts before the drop below $32K

One area of interest has been the sharp rise in short positions at Bitfinex in the past week. Traders are placing exaggerated importance on these Bitcoin (BTC) margin shorts as if they are predictors of the current market crash. Still, as Cointelegraph previously reported, analysts forget that Bitcoin margin longs are usually much larger.

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Source: Cryptocurrency - investing.com

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