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CME Traders Bet on Downside

SourceBlog
#1
Importantly, institutional investors trading the CME’s Bitcoin futures expect a move to the downside.

As reported by NewsBTC previously, CME futures data shows that institutions have cumulatively been building a net short position. One trader shared the image below, which shows that accounts with the tag “institutional traders” are cumulatively shorting 2,038 of the CME’s BTC futures contracts.

@TradeCryptoNow
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