It was said that the increase in Bitcoin (BTC) short positions on BitMEX, one of the well-established exchanges of the crypto money market, pointed to the price rise.
On-chain analytics platform Santiment on May 10 posted on his official social media account. in the shipmentas before the rise in March BitMEX taken on funding rate from short positions quite a bit lately that you rise stated.
The platform calculates the funding rate from the price. from 30% more rise it shows March in the month very close to the level noting that you are watching a new rise movement can be expected suggested.
Santiment, investors general aspect to the downward trend prices when you enter increased probability of rising expressed.
Before the price rise short your positions increase, corporate received by investors to spot Bitcoins opposite derivative in the stock markets reverse position taking the market to sudden changes opposite they are protected interpreted as.
According to Coinecko data, the latest 30 days in 0.5% depreciating BTC, end 24 hours in 2.6% rise by living writing 28.129 traded at the dollar level.
