🔻 Bearish bets on Bitcoin futures hit record low
The non-commercial futures contracts of Bitcoin ($BTC) traded by large speculators and hedge funds, totaled a net position of -1266 contracts in the week ended Aug. 21 – the lowest on record, according to the data released by the Commodity Futures Trading Commission (CFTC) on Friday. The futures data indicates that the speculators are the least bearish on BTC since the futures were first listed back in December 2017.
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