---
title: "Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/287078882.md"
description: "Bitfinex margin longs have increased to 80,636 BTC, the highest since December 2023, indicating ongoing accumulation by leveraged traders despite a 13% decline in bitcoin this year. Bitcoin is currently testing key resistance levels around $78,000 and $81,000."
datetime: "2026-05-20T13:55:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/287078882.md)
  - [en](https://longbridge.com/en/news/287078882.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/287078882.md)
---

# Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high

-   Bitfinex margin longs rose to 80,636 BTC, their highest level since December 2023, signaling continued accumulation from leveraged traders despite bitcoin falling 13% this year.
-   Bitcoin is testing major resistance levels, including the True Market Mean and short-term holder cost basis near $78,000, with the 200-day moving average looming above $81,000.

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