CryptoQuant Founder: CME Hedge Funds Rarely Turn Net Long on Bitcoin Futures
2026-08-10 05:21
Odaily News: CryptoQuant founder Ki Young Ju posted on platform X, stating that hedge funds on CME have turned net long on Bitcoin futures. This situation is quite rare. Basis trading keeps them structurally short, which is why this chart has been red for years. In a net long position, arbitrage trading is not possible. Institutional investors are betting on upside.
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