Crypto Frontier on Nostr: Bitcoin Net Shorts Hit Record $7.5 Billion Driven by Popular Trade Strategy: ...
Bitcoin Net Shorts Hit Record $7.5 Billion Driven by Popular Trade Strategy:
Bitcoin futures have witnessed a surge in net short interest, primarily attributed to the growing popularity of a market-neutral strategy known as the basis trade.
Basis trade, which aims to capitalize on discrepancies between spot and futures markets, likely accounts for a significant portion of the short interest in approximately 18,000 CME Bitcoin futures contracts.
Published at
2024-06-12 12:00:25Event JSON
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"content": "Bitcoin Net Shorts Hit Record $7.5 Billion Driven by Popular Trade Strategy: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718186400441-YAKIHONNES3.jpg \nBitcoin futures have witnessed a surge in net short interest, primarily attributed to the growing popularity of a market-neutral strategy known as the basis trade.\n\nBasis trade, which aims to capitalize on discrepancies between spot and futures markets, likely accounts for a significant portion of the short interest in approximately 18,000 CME Bitcoin futures contracts.",
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