Market analysis
ðª©CME’s Big Players Make Their Move: Short Positions Fully Closed!
ðYello Paradisersð! As you can see on the picture above the institutional giants at CME have made a clear statement by fully closing their remaining short positions. In a whirlwind of activity over the last 48 hours, a massive $1.3 billion in Bitcoin Longs and Shorts have been squared off!
ðAnother data we have been monitoring reveals that BTC Long/Short Ratio on exchanges suggests that the average crypto noobs are actively shorting at crucial support levels. Meanwhile, the institutional whale powerhouses, are quietly wrapping up their shorts and capturing their profits.
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