Not as many shorts as our last low in July 2021!
The Bitfinex whale den, as it’s known. Unless the whales swam away into deeper waters , why is it that there are less shorts than there were at the last major drop in the price of Bitcoin in July 2021??
I mean, look at the chart. The number of shorts opened is miniscule unless there are plenty more coming.
Or…
Whales and market movers are not confident in a further drop from here.
Maybe they know something we don’t.
