Leveraged funds cut CME Bitcoin futures shorts by about 5,300 BTC-equivalent as longs also decline
In the week ended Sept. 22, leveraged funds reduced short positions in CME bitcoin futures by about 5,300 BTC-equivalent, while cutting longs by about 909 BTC-equivalent. As a result, their net short narrowed by 4,390.70 BTC-equivalent to 35,720.13 BTC-equivalent. In standard CME futures, shorts fell by 4,310 BTC-equivalent and longs rose by 1,175 BTC-equivalent. Over the same period, asset managers’ net long increased by 2,137.90 BTC-equivalent to 18,069.10 BTC-equivalent as longs rose by 573.10 BTC-equivalent and shorts fell by 1,564.80 BTC-equivalent.