Bitfinex whales are aggressively going long on ETH Long positions on ETH at Bitfinex are surging—not retail traders, but whales placing their bets. This platform’s open interest data has long been regarded as a barometer for smart money. When whales cluster in long positions, it signals that large capital believes short-term headwinds have been priced in, or that they’ve detected early signs of upcoming developments in the Ethereum ecosystem. But don’t rush to copy their trades. You can’t see their leverage or stop-loss levels—they can withstand volatility you might not. This long position is part of their portfolio strategy, not a signal for your actions. If ETH breaks upward, these positions will reap massive gains. If it remains range-bound, interest and funding rates will gradually erode the patience of followers. The whales are betting. You can watch—but don’t blindly follow.