Micro Bitcoin. Let's analyze the data.
For Bitcoin (Futures Only) on June 6, 2023:
The total open interest is 13,026 contracts.
Non-commercial traders (speculators) hold a net long position of 10,106 contracts, compared to 9,337 contracts in the previous report.
Commercial traders hold a net short position of 1,383 contracts, compared to 1,561 contracts in the previous report.
The net change in commitments from the previous report shows an increase in net long positions held by non-commercial traders and a decrease in net short positions held by commercial traders.
The percentage of open interest represented by non-commercial traders is 77.6% long and 71.7% short, while commercial traders represent 10.6% long and 12.0% short.
The largest traders (4 or less and 8 or less) hold 58.0% and 33.7% of the net positions, respectively.
For Micro Bitcoin (Futures Only) on June 6, 2023:
The total open interest is 7,600 contracts.
Non-commercial traders (speculators) hold a net long position of 4,507 contracts, compared to 6,065 contracts in the previous report.
Commercial traders hold a net short position of 0 contracts, compared to 172 contracts in the previous report.
The net change in commitments from the previous report shows a decrease in net long positions held by non-commercial traders and a decrease in net short positions held by commercial traders.
The percentage of open interest represented by non-commercial traders is 59.3% long and 79.8% short, while commercial traders represent 2.3% long and 6.0% short.
The largest traders (4 or less and 8 or less) hold 24.8% and 54.6% of the net positions, respectively.
These figures provide insights into the sentiment and positioning of different trader groups in the Bitcoin futures market. However, please note that COT reports are just one of many factors to consider when analyzing market trends and making trading decisions.
For Bitcoin (Futures Only) on June 6, 2023:
The total open interest is 13,026 contracts.
Non-commercial traders (speculators) hold a net long position of 10,106 contracts, compared to 9,337 contracts in the previous report.
Commercial traders hold a net short position of 1,383 contracts, compared to 1,561 contracts in the previous report.
The net change in commitments from the previous report shows an increase in net long positions held by non-commercial traders and a decrease in net short positions held by commercial traders.
The percentage of open interest represented by non-commercial traders is 77.6% long and 71.7% short, while commercial traders represent 10.6% long and 12.0% short.
The largest traders (4 or less and 8 or less) hold 58.0% and 33.7% of the net positions, respectively.
For Micro Bitcoin (Futures Only) on June 6, 2023:
The total open interest is 7,600 contracts.
Non-commercial traders (speculators) hold a net long position of 4,507 contracts, compared to 6,065 contracts in the previous report.
Commercial traders hold a net short position of 0 contracts, compared to 172 contracts in the previous report.
The net change in commitments from the previous report shows a decrease in net long positions held by non-commercial traders and a decrease in net short positions held by commercial traders.
The percentage of open interest represented by non-commercial traders is 59.3% long and 79.8% short, while commercial traders represent 2.3% long and 6.0% short.
The largest traders (4 or less and 8 or less) hold 24.8% and 54.6% of the net positions, respectively.
These figures provide insights into the sentiment and positioning of different trader groups in the Bitcoin futures market. However, please note that COT reports are just one of many factors to consider when analyzing market trends and making trading decisions.
