Not as many shorts as our last low in July 2021!

The Bitfinex whale den, as it's known. Unless the whales swam away into deeper waters, why is it that there are less shorts than there were at the last major drop in the price of Bitcoin in July 2021??

I mean, look at the chart. The number of shorts opened is miniscule unless there are plenty more coming.

Or...

Whales and market movers are not confident in a further drop from here.

Maybe they know something we don't.