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Bitfinex Reviews

Bitfinex Reviews Silent_Trader July 8, 2021
The latest price action came hours after fresh selling pressure thanks in part to an unknown whale trying to short it with over 5,000 BTC. As noted by journalist Colin Wu, July 8 had witnessed short positions build up on
A mystery Bitfinex user began entering short positions with a stack of at least 5,219 BTC, worth $173 million at $33,000 levels. “According to datamish data, from 13:00 Beijing time, a account (or institution) has borrow bitcoin to short on Bitfinex,” Wu reported. “As of 15:03, he borrowed a total of 5219 BTC, and this number is still growing. Most short positions are non-hedged.” At the time of writing, total Bitfinex short positions had increased 160% in around two hours. Bitfinex shorts remained roughly balanced with longs, Bybt figures nonetheless showed. The whale shorting is not new. As Cointelegraph reported, June likewise saw fluctuations in trader behavior, with Wu eyeing 15,000 BTC worth of bets flooding in on a fresh price dip on June 25. The next day, BTC/USD saw a fresh retest of $30,000 support.

* Crypto Rating accepts no liability for content of the Bitfinex reviews made by the site users. The entire responsibility for the contents rests with the authors.

Top 10 Cryptocurrency Exchanges

# Exchange Founded Rate Coins Volume 24h Change 24h
1 Binance Binance 2017 4.7 341 77 686 002 050 -10.49%
2 Kraken Kraken 2011 4.5 62 1 164 809 048 -15.95%
3 Bitfinex Bitfinex 2012 4.4 146 1 050 395 824 -13.46%
4 KuCoin KuCoin 2017 4.2 282 3 025 079 425 -11.20%
5 Indodax Indodax 2019 3.8 157 55 021 592 -14.37%
6 WazirX WazirX 2018 3.4 176 144 471 045 19.30%
7 Paribu Paribu 2017 3.1 51 360 306 599 -31.18%
8 Huobi Global Huobi Global 2013 4.3 314 16 691 524 159 -0.42%
9 OKEx OKEx 2014 3.6 242 15 439 594 327 -6.86%
10 FTX FTX 2019 1.7 192 13 543 936 998 -4.75%

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