Bitfinex BTC's short positions hit a new low, while BTC surged 9.3%

In the past 48 hours, Bitfinex's short position in BTC has decreased by 118.51 coins, leaving only 180.89 BTC, the lowest level since May 24th. At the same time, BTC prices continued to rise, with an increase of 9.3%, setting a new historical high. The data shows that there is a significant correlation between the reduction of short positions and the strengthening of prices. It is possible to consider adding the Bitfinex BTC short position index to the amplitude chart indicator, or using the multi window function on the same screen to closely monitor the synergistic effect of position changes and price trends, in order to grasp future trends. The data is sourced from AiCoin index data, for reference only, and does not constitute any investment advice!