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CME Bitcoin futures holdings exceed 150,000

CME Bitcoin futures holdings exceed 150,000

2024/03/12 15:29

Vetle Lunde, senior analyst at K33 Research, said that CME Bitcoin futures holdings reached a new high, exceeding 150,000 for the first time. All of the growth in CME exposure over the past 3 weeks has come from the 2x long BTC ETF, which has seen its BTC equivalent exposure surge by 148% in 3 weeks. According to monitoring, the number of Bitcoins currently held by Bitx is about to exceed that of BITO.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Data: 161.98 BTC were transferred out from a certain exchange, routed through an intermediary, and then sent to another anonymous address.

Analyst: No need to be overly concerned about the current market downturn, as it is more about profit-taking than panic selling.

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