$4.8MM in new longs on finex over last 24hrs
that's the only thing that can stop us $35MM long squeeze

Down to under $32MM again though, even though I can't imagine traders have ditched $3MM again in that short time with that volume.
These strange spikes seem to happen more often. Any idea what might be causing them?

I mean the spikes in longs (USD denominated) only on Bitfinex...
Often millions of dollars in longs get opened, without the volume in BTC/USD markets to support it. The only way I can see this happening is if the numbers point for all borrowed USD's across all markets.
Could that be the case?