Markets· ★★★· bearish·

Institutions hold 2.2x more Bitcoin shorts than longs on CME

  • —CME leveraged funds hold 12,583 shorts vs 5,731 longs — a 2.2x skew
  • —Coinbase premium slid from -0.0119% on Oct. 6 to -0.1099% on Oct. 9
  • —Coinbase Prime volume dropped 48.1% to 4,468.96 BTC ($391.5M)
  • —VIX at 14.84, dollar index at 102.21, 10-year Treasury yield at 5.22% on Oct. 9
Why it matters: The short-heavy positioning and persistent Coinbase discount signal caution among US institutions; a flip to a positive premium would mark returning spot demand.
#BTC
Source: TokenPost
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