CME Bitcoin derivative traders had ‘paper hands’ as BTC broke $55K — Report By Cointelegraph
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(BTC) derivatives traders on the Chicago Mercantile Exchange (CME) missed out on incredible profits as BTC’s The spot price was smashed to $55,000This week.Data shows that retail investors cut their exposure to the Bitcoin options and futures markets by late September.
Part of the sharedEcoinometrics. The amount of open short positions also climbed, indicating that derivative traders anticipated Bitcoin’s price to drop, as shown in the chart below. derivatives — retail traders. Source: CFTC “Commitments of Traders” report, Ecoinometrics
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