The long positions of Bitcoin whales are still increasing, piling up over the past few months and now clearly leaning towards aggressive bullishness. Meanwhile, the funding rate remains in a somewhat negative position, which is not very friendly to shorts and can easily lead to short squeeze-driven rallies. $BTC just touched $80k, and this move seems more like large funds rushing the rhythm rather than retail investors gradually chasing it. $BTC

BTC1,26%
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