The latest statistics from the Chicago Mercantile Exchange (CME) show that short trades on Bitcoin futures predominated this week.
Although we saw a slight recovery in growth at Bitcoin this week due to Elon Musk’s hashtag, it seems that large investment companies are convinced of the opposite and falling prices.
This assumption is confirmed by data from the Chicago Mercantile Exchange (CME), which shows that hedge funds have concluded a total of 7,991 shorts contracts (updated on Friday) since this Tuesday.
On the other hand, 3,605 leveraged funds long contracts were concluded.
According to analysts from Trustnodes, hedge funds entered twice as many short contracts this week as long contracts on Bitcoin futures.
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