anyone know what's up with finex? is this accurate? from @thetokenanalystpic.twitter.com/5QPd7FPmlY
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Hey Paolo -- thanks a ton for chiming in here. So you're saying simple arb is why btc inflows:outflows are 2.5:1 over the past 30 days?
Not only arb. Whales accumulation: https://www.tradingview.com/symbols/spread/BITFINEX%3ABTCUSDLONGS/BITFINEX%3ABTCUSDSHORTS/ … It's public data
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Thanks. May I ask -- how does this show whale accumulation? Would you mind elaborating? I'm familiar with this chart but have never thought of it as a 'whale accumulation / distribution' model.
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BTC longs are increasing significantly on Finex since 30 days or so. So I would expect whales (given the size of the increase) buying on margin a lot of BTC.
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Do you know how this data is generated?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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