Today's CFTC data shows Bitcoin Futures traders moved over to the short side last week


 

Bitcoin Futures CME positioning shows:

Asset Managers decreased longs by 80 contracts but remain net long 244 vs 190 shorts. Shorts increased by 27 contracts.

Leverage funds are net short 2,333 vs 1692 long. More longs were liquidated vs shorts.

So it seems that the main players have moved over to the short side. Remember this is dated 10th September. Price action has not matched this view since the 10th as the price has risen somewhat. One massive point to remember is that this month we just had the futures contract rollover. This can have an effect on open interest and the carry trades as some traders need to roll contracts to the next month.

Bitcoin Futures CFTC CoT data

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