Bitcoin futures traders are showing strong bullish sentiment as BTCUSDT trades near 80,572 USDT, up 1.40%.
Smart trader data reveals:
Total Positions: 4.46B USDT
Long/Short Ratio: 754%
Long Traders: 1,410 holding 3.94B USDT
Short Traders: 718 holding 522M USDT
Most long traders entered around 80,054 USDT and are currently in profit with over 25M USDT unrealized gains, while short sellers are facing losses.
The massive imbalance between longs and shorts suggests strong market confidence in further upside for Bitcoin. If momentum continues, short liquidations could push BTC even higher.
BTC
78,006.02
-1.36%