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Ethereum Long Positions Hit $300M on Bitfinex, And It Can Trigger a Major Correction

Despite the fact that Ethereum has been underperforming Bitcoin over the past few weeks, investors are highly optimistic about the asset. Data from leading exchange Bitfinex, in fact, indicates that traders have a record number of long positions open for the cryptocurrency. Analysts fear that this optimism may end badly as a bearish technical case mounts for the leading cryptocurrency. Ethereum Investors Are Extremely Optimistic According to Bitfinex data shared by Brave New Coin’s Josh […]

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