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Coinbase Markets: 64% of Bitcoin (BTC) Net Longs Entered Above Spot Price

COINOTAG·October 24, 2026·1 min read
Coinbase Markets: 64% of Bitcoin (BTC) Net Longs Entered Above Spot Price

Coinbase Markets reported Saturday that the largest cluster of net long Bitcoin positions was opened at an average entry of $81,993, and 64% of net long notional was established above the spot price. This suggests many traders are holding positions at a loss if BTC trades below that level.

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