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Noted analyst Ali Martinez added weight,linking buying volume surges on BitMEX to subsequent BTC price movements. Recent increases in the buy-sell ratio on BitMEX could imply the ongoing BTC bull market's continuation. Historical data suggests significant gains after such shifts.
📈🐳#Bitcoin Update: The crypto market's calm might be the calm before the storm! 🚀 Bitcoin faces strong resistance at $31,000, and the anticipation of a breakout is building. 📉💥 Excitingly, notable movement among Bitcoin whales, especially on BitMEX, is stirring speculation.
Crypto analytics firm's community manager,JA Maartunn,observed a surge in activity among BitMEX whales, indicating something brewing beneath the surface. Notably, large long positions were seen on Deribit too, hinting at strategic moves by big players in response to market shifts