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Analysis: CME unpositioned squaring contract BTC number fell back to pre-election levels in the United States, about 150,000

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2025-03-02 21:16:13
Crypto analyst Miles Deutsch posted on the X platform that the amount of USD-denominated BTC held in CME unpositioned squaring contracts has fallen back to the level before the US election (about 150,000 BTC). A large part of this may just be due to underlying trading position squaring, but it is good to see the total leverage in the system reset.
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