On Wednesday, January 9, the number of long positions on Bitcoin on the popular Hong Kong exchange Bitfinex updated a five-month high, reaching 33,750, reports CoinDesk.
At the same time, the number of short positions was at 22,787. Thus, the ratio of longs to shorts was 1.5: 1 - the highest since August 6.
Meanwhile, the price of Bitcoin for the last day dropped by almost 6%, again dropping to $ 3,800.
Note that all the leading coins from the CoinMarketCap list, except TRON, have suffered even more.