Bitfinex Lending Rates Surge Indicates Bullish Market Signal
10/22/2024 2:19:22 PM
According to GreeksLive, Bitfinex has experienced a sudden surge in lending rates, with several orders being lent at an impressive 30% APR today. Despite a minor market pullback, major spot traders are significantly increasing their positions. This development is seen as a strong bullish signal, suggesting potential upward momentum in the market. (Source)
Bitfinex lending rates spot tradersMore from Greeks.live (@GreeksLive):