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Nearly 2% of the Ethereum Supply is Margin Long on Bitfinex, But Why? | NewsBTC

Nearly 2% of the Ethereum Supply is Margin Long on Bitfinex, But Why? | NewsBTC

Ethereum traders on the cryptocurrency margin trading platform Bitfinex appear to know something that the rest of the world doesn’t and have amassed a sizeable amount of margin long positions – covering nearly 2% of the entire altcoin’s circulating supply. But what are the underlying factors that may have traders so significantly bullish on the second-largest cryptocurrency by market cap?