Are Bitcoin 'OGs' Turning Bullish Again? Yes, but There's a Catch
Bitcoin showing renewed positioning as OG traders experience most profitable cycle aided by demand from spot ETFs and DATs. Leverage still elevated, potential for larger price swings as institutional spot demand combines with aggressive derivatives positioning.
Early Bitcoin investors are making money again because more people and funds want to own Bitcoin directly, but traders are also using borrowed money to bet bigger, which means prices could swing up and down more wildly.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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