TheKingfisher|2月 24, 2026 17:09
while you're watching candle wicks, whales are broadcasting their conviction in plain sight.
we dug into Bitfinex margin data and found something that broke our brains:
declining BTCUSDLONGS during a pump isn't always bears closing.
it could be bulls *claiming* their borrowed BTC – moving it to cold storage.
once claimed, that position is diamond-handed. it's off the exchange, out of the liquidation zone, and not for sale.
so a dropping LONGS metric during a rally might actually signal stronger hands.
the data you see isn't the full story. the real move happens in the claiming.
go pull up BITFINEX:BTCUSDLONGS on your chart. what's it saying right now?
Original post:
https://x.com/kingfisher_btc/status/2014784630063308834(TheKingfisher)
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