Analysis: CME Bitcoin futures open interest shows retail traders' net long positions are increasing

PANews reported on April 20 that according to Cryptopotato, according to the latest analysis of Chicago Mercantile Exchange (CME) Bitcoin futures, Bitcoin futures open interest suggests that the market pattern is changing, as a group of traders appear to be cutting their positions, which may indicate that they choose to take profits after a strong rise. The data shows that the behavior of asset management companies and other participants is divergent, with asset management companies' net long positions peaking at $6 billion at the end of 2024, but has since been significantly cut to around $2.5 billion. On the other hand, the net long positions of the "other" category (which may include retail investors and small institutions) have increased sharply, and the figure has now reached about $1.5 billion, the highest level in more than a year, indicating that bullish sentiment among non-institutional market participants has reignited.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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