Apr 4, 12:05 PM

Hedge Funds Short $BTC Futures at Record Levels, CFTC Data Reveals

Hedge funds are currently shorting Bitcoin at record levels, indicating a hyper-bearish stance towards the cryptocurrency. Data from the US Commodity Futures Trading Commission (CFTC) reveals that hedge funds, particularly those using leverage, have accumulated record-breaking short positions in the Chicago Mercantile Exchange's (CME) $BTC futures. This trend raises questions about potential market impacts, drawing parallels to the GameStop squeeze scenario.

#Bitcoin #CFTC #Chicago Mercantile Exchange #GameStop

Written with ChatGPT (GPT-4).

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Bitcoin Archive@BTC_Archive
2 years ago
NEW: Hedge Funds have taken #Bitcoin short positions at record levels. Activate: MeltFaces.exe 🔥 🫡@zerohedge https://t.co/9GCA4qyBTn
David D. Tawil@DavidDTawil
2 years ago
Idiots. #HedgeFunds Hold Record Bearish #Bitcoin Bets, Data Show https://t.co/EQkeDKsasg via @coindesk
Bitcoin News@BitcoinNewsCom
2 years ago
NEW: Hedge funds currently hold a record number of short positions on #Bitcoin futures contracts 😮 Are we setting up for the next Game Stop-esque squeeze? 👀 https://t.co/F9DOE9iZz4

Hedge Funds Short $BTC Futures at Record Levels, CFTC Data Reveals

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