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CFTC data shows traders are still short Bitcoin

  • Shorts are still beating long positions in both asset manager and leveraged funds.
  • The change has also moved in favour of the shorts too.

Bitcoin has bounced back slightly in terms of price but over the week more short positions have been added to both leveraged funds and asset managers. Asset managers are holding 444 shorts vs 38 long positions. They also trimmed 18 long contracts and added 159 shorts. Leveraged funds added 680 shorts vs 509 longs and hold 2446 shorts vs 1578 long contracts.

Bitcoin CFTC data

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