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CryptoQuant Founder: CME Net Futures Position Down 75% in Last 5 Months, Institutions No Longer Short Bitcoin

CryptoQuant Founder: CME Net Futures Position Down 75% in Last 5 Months, Institutions No Longer Short Bitcoin

Bitget2024/09/19 08:12
BTC+0.20%

CryptoQuant founder Ki Young Ju posted on X that institutions are no longer aggressively shorting Bitcoin. net CME futures positions are down 75% in the last 5 months.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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