Bitfinex whale ETH longs surge, Carl Runefelt notes

Bitfinex whale ETH longs surge, Carl Runefelt notes
Bitfinex ETH whale longs surge fast

Carl Runefelt highlights that Bitfinex whales are dramatically increasing their long positions in ETH.

The tweet points to a parabolic growth in these positions and raises questions about the factors driving such bullish behavior among large holders.

Runefelt has addressed crypto market actions in previous commentary. He has criticized a proposal to freeze BTC, warning such measures could undermine trust in cryptocurrencies. In another post, he compared SpaceX's $2.95 trillion valuation to Microsoft, noting company revenue differences.

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