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JPM on BTC and ETH: "CTA traders are forced to exit short positions and start building up long positions"
JPM on BTC and ETH: "CTA traders are forced to exit short positions and start building up long positions"
— zerohedge (@zerohedge) August 13, 2021
Added at 3:15pm
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BITCOIN FUTURES NET SHORT POSITIONING HITS SMALLEST SINCE MID-MAY -CFTC DATA
— Inara Bright (@InaraBright) August 13, 2021
Added at 3:16pm
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Credit where it's due, JPM finally reverses:
— zerohedge (@zerohedge) August 13, 2021
"There are clear signs of demand improvement in futures markets pointing to rising institutional demand for crypto."
Added at 3:30pm
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+$110 million #Bitcoin shorts liquidated in the last 5 minutes pic.twitter.com/qMeKl31yhp
— Blockworks (@Blockworks_) August 13, 2021