K33 Research researcher: CME bitcoin futures unpositioned squaring contract hit a nominal record high yesterday
2024-10-16 19:05:11
Vetle Lunde, a senior researcher at K33 Research, said CME bitcoin futures unpositioned squaring contracts hit a nominal all-time high yesterday at 172,430 BTC. Futures premiums have climbed to a five-month high with a significant increase in unpositioned squaring contracts. Vetle believes the increase in unpositioned squaring contracts is being driven by active/direct market participants, rather than inflows from futures-based ETFs.
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