From 2022 Might.BTC) margin markets on the Bitfinex trade had been suffering from unusually excessive open curiosity of greater than $2.7 billion. This info alone ought to elevate a purple flag, particularly contemplating Bitcoin’s value drop from $39,000 to lower than $25,000 over the identical interval.
Greater than 105,000 Bitcoins had been borrowed by merchants trying to leverage their cryptocurrency place. Presently, the explanation for this anomaly and the variety of entities concerned within the commerce are unknown.
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