EXCAVO

Long positions on Bitfinex

BITFINEX:BTCUSDLONGS   BTCUSD Longs
It’s no secret that you can earn money on margin trading,
 but the biggest money exchanges earn when customers lose, you can tell me that this is not so, but the fact remains that the Bitmex fund is only growing

Recent news:
Bitmex insurance fund: currently 32.800 btc or $ 223 million at current prices. The increase compared to August is ~ 1800 BTC .
The Arthur Fund keeps 0.18% of the total number of BTC in circulation and would be in the top 20 of the richest Bitcoin wallets. 

Bitfinex continues to be harassed with questions about the Tether and audit.
The outflow of clients continues every time the media publish news about Bitfinex problems
But they continue to work and even do IEO Leo to somehow save the situation. collecting 1 million $.
But you need to be naive to believe that the exchange earns only on commission from the transaction.
Squeeze, liquidations, commisions, screen lock.
 I think this is another manipulation and it’s not worth paying much attention to this situation
with inflated long positions.

If so many positions are closed, it will cause big sales or liquidations.

for example, this is also likely to work bitfinex



I have bad stories that I observed on this exchange, if you had anything with this exchange, share in the comments

Best regards EXCAVO
Dec 17
Comment: LEO sale was 1 billion, not 1 million
@excavo Thanks for sharing this !
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@EXCAVO Hello Sir , what about Bitcoin COT Positions ? I think reverse looking Net Non Commercials (Short - Long ) is more reasonable than Cryptocurrency Exchanges' positions , regards.
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Too much longs cause your ideas only longs
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Generally if we see long launch like that means the opposite. This is what I'm seeing

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SloppySeconds Cryptonite_trader
@Cryptonite_trader, Lol, another gartley. If you look at the longs chart and compare it with historical price action you get a view of an exchange trying to plug a colander
+1 Reply
@SloppySeconds, let's see who's right
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kuzamano SloppySeconds
@SloppySeconds,
what does it mean “plug a colander”??
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@kuzamano, Trying to keep price up while they distrubute. The sinking ship simile works
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kuzamano SloppySeconds
@SloppySeconds,
what exactly are they doing?
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I was liquidated yesterday on Binance Futures because my stop loss "expired." Never even heard of that happening before.
+2 Reply
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