Bitfinex margin longs surged to 80,600 BTC, a 2.5-year high, as Bitcoin struggles near $78K resistance. What this leveraged bet means for the market.

Margin longs on Bitfinex have climbed to a two-and-a-half year high as bitcoin struggles below key technical resistance near $78,000.

Bitfinex margin longs surged to 80,600 BTC, a 2.5-year high, as Bitcoin struggles near $78K resistance. What this leveraged bet means for the market.