Margin traders on Bitfinex have increased their long positions on Ethereum to about 283,410 ETH, the highest in over four years, totaling roughly $709 million. This surge reflects a strong bullish sentiment, with longs outnumbering shorts by about 80 to 1, following a recent price dip around $2,500 that traders used as a buying opportunity. The sharp shift from a late September peak in shorts to a dominance of longs suggests potential risks of a long squeeze if prices fall, while a further rise in longs beyond the October 8 peak could indicate continued accumulation. Investors should also watch short positions for signs of renewed skepticism.
The recent surge in Bitfinex ETH longs to their highest level in over four years provides context for cryptocurrency market activity. For readers following the broader crypto market, here is Pluang's snapshot as of Oct 11, 2026, 17:21 WIB: out of 50 major cryptocurrencies, 20 rose and 29 fell today. Among notable movers, Polkadot (DOT) declined by 2.21% to Rp22.034 with a typical hold time of 121 days and a Pluang order activity skewed 71% Sell / 29% Buy, while Avalanche (AVAX) dropped 2.19% to Rp184.037 with 59% Sell / 41% Buy order activity, and Fantom (FTM) fell 2.05% to Rp11.382 with a typical hold time of 87 days.
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Bitcoin whales have accumulated about 84,000 BTC over the past month, indicating a sharp improvement in demand from large holders. The apparent demand metric moved from -205,000 BTC to -22,000 BTC, nearing neutral territory, which could suggest broad...
After a CryptoBilis Ledger hardware wallet hack, attackers laundered about 2,990.3 Ether (worth $7.45 million) through Tornado Cash between October 9-10. The funds were initially spread across 14 addresses, then routed through NEAR Intents and conver...
Coldcard, a Bitcoin hardware wallet maker, had its official social media account hacked on October 11, 2026. Attackers posted a fake alert about a critical firmware vulnerability, urging users to move funds via a phishing site. This scam exploited fe...
Attackers involved in the CryptoBilis Ledger hardware wallet hack transferred 2,990.3 Ether, worth about $7.45 million, into the privacy service Tornado Cash over October 9-10. Blockchain investigators traced the funds through multiple addresses and ...
