Markets· ★★★· neutral·

CFTC: Leveraged funds' Bitcoin futures shorts fall 5,300 BTC-equivalent

  • —Leveraged funds' shorts fell 5,299.69 BTC-equivalent; longs fell 908.99
  • —Net short narrowed by 4,390.70 BTC-equivalent to 35,720.13
  • —Combined open interest dropped 13.31% to 103,343.14 BTC-equivalent
  • —Asset managers' net long rose 2,137.90 BTC-equivalent to 18,069.10
Why it matters: The drop in shorts reflects position unwinding rather than fresh spot demand, so it does not confirm institutional conviction in Bitcoin's rally.
#BTC
Source: CryptoSlate
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