Crypto Whales Record Unprecedented Bitcoin Long Positions: Implications for BTC and ETH Price Action | Flash News Detail
The cryptocurrency market is buzzing with activity as recent data reveals an unprecedented build-up of long positions on Bitcoin (BTC) by large investors, commonly referred to as ‘whales.’ According to a tweet from Crypto Rover on May 8, 2025, whales are longing BTC like never before, signaling strong bullish sentiment among major players. This accumulation of long positions suggests that these investors are anticipating a significant upward price movement for BTC in the near future. At the time of the tweet, BTC was trading at approximately 62,500 USD on major exchanges like Binance, with a 24-hour trading volume of over 25 billion USD as of 10:00 AM UTC on May 8, 2025, according to data from…
