BTC Long and Short Positions in Stalemate, Bulls Dominate Among Newly Opened Million-Dollar Positions

According to ChainCatcher, monitored by HyperInsight, in the past 4 hours, the price of BTC has continued to fluctuate narrowly between $107,500 and $108,600, with the market entering a short-term consolidation phase. During this period, a total of 11 BTC whales opened new positions exceeding $1 million, of which 10 chose to establish long positions and only 1 opened a short position, resulting in a long-short ratio as high as 10:1.

From the active trading data of major exchanges, the ratio of active buy and sell orders in the past four hours shows that long positions accounted for 51.6%: one exchange's long positions accounted for 51.27%; another exchange's long positions accounted for 52.31%; and another exchange's long positions accounted for 51.82%. ChainCatcher reminds investors that the recent volatility in the cryptocurrency market has increased significantly, and investors should pay attention to risk control.