$BTC Hedge funds on CME flipped net long BTC futures.



This is rare. The basis trade keeps them structurally short. That's why this chart's been red for years. You can't carry trade into a net long.

The suits are betting on upside.
BTC5.93%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
2186 views
  • Reward
  • Comment
  • 2
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned