Last Friday, the sum of open positions on bitcoin futures on the Chicago Mercantile Exchange (CME) updated the historical maximum at 5,190 contracts, according to the data of the US Futures Trading Commission (CFTC).
The sum of open positions is the number of valid contracts that were not settled.
May 31 was the last day of trading on the CME before the calculations, which will take place today, June 3.
CFTC data also suggests that the proportion of shorts in open positions is higher than long. This may indicate negative sentiment in the short term.
Recall, May was the most successful for bitcoin futures. On May 13, a record trading volume of 33,677 contracts ($ 1.3 billion in BTC) was recorded . At the same time, the daily average also updated a maximum of 14,000 contracts.
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