ETH price correlation with ETH Longs on Bitfinex

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This chart shows the correlation between Bitfinex whale long cumulative positions and ETH price behavior, over USDT and over BTC.
Blue squares = whale longs accumulation
Red square = whale close position either in 0 or in major loss
Blue square = whale close longs in profit.

So in conclusion, for several years, there has been a clear correlation and benefit from using ETHBTCLongs chart as an entry point for ETH/USDT trading.
HoweverETHBTCLongs win-rate is negative over time on ETH/BTC chart.

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