Odaily News Bitcoin is still going through the consolidation phase of the cycle, stabilizing around the $57,000 mark. Notably, Bitfinex whales have significantly increased their long positions and now hold 58,595 Bitcoin. This marks an increase of more than 10,000 BTC from the group's holdings of 48,455 BTC on June 13 (when the Bitcoin price was $66,000). At the same time, short positions have increased slightly since the market began to adjust on June 7, indicating that market sentiment has become cautious and traders are still considering shorting Bitcoin during this correction phase. (CryptoSlate)