Bitfinex Whale Indicator[Benson]

10 Sep 2021

This indicator monitors Bitfinex Whale's margin position.
When the indicator pillar turns green, it implies that whales are stacking long position, which would probably be a a good spot buying opportunity.

We can see green pillar before BTC's big pumps wave, such as:

1. 2020/3/14
2. 2020/7/22
3. 2020/9/30
4. 2021/7/25

PS：The green pillar tends to appear in the end of a long consolidation.

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該指標用來監控 Bitfinex 巨鯨的動向
當指標柱變為綠色時，表示巨鯨正在累積多頭部位，可能會是現貨的絕佳買點。

過往出現綠色柱子時，都在比特幣主升段之前，例如：

1. 2020/3/14
2. 2020/7/22
3. 2020/9/30
4. 2021/7/25

PS：綠柱通常會出現在大型震盪區間的末端。

23 Sep 2023

Catatan Rilis

Add length option and volume formula to better fit the market structure