Bitfinex whales, which are large investors in the cryptocurrency market, have been closing their long positions in Bitcoin. Last week, these industry heavyweights closed approximately 12,000 BTC worth of longs, and this week they have closed an additional 3,500 BTC. Despite these closures, the market remains optimistic, with only around 500 BTC in short positions. The presence of 76,500 BTC still open in longs indicates the prevailing bullish sentiment in the market.