Commitments of Traders (COT) report for Bitcoin futures on the Chicago Mercantile Exchange (CME) as of June 13, 2023. Here's a breakdown of the data:
Bitcoin Futures (Code-133741):
Total Open Interest: 13,251 contracts
Non-Commercial Traders (Speculators):
Long Positions: 10,086 contracts
Short Positions: 9,343 contracts
Spreading Positions: 1,875 contracts
Commercial Traders:
Long Positions: 122 contracts
Short Positions: 1,309 contracts
Total Reportable Long Positions: 12,083 contracts
Total Reportable Short Positions: 12,527 contracts
Total Nonreportable Long Positions: 1,168 contracts
Total Nonreportable Short Positions: 724 contracts
Changes from the previous report (June 6, 2023):
Long Positions: Decreased by 20 contracts
Short Positions: Increased by 6 contracts
Spreading Positions: Increased by 314 contracts
Commercial Long Positions: Decreased by 65 contracts
Commercial Short Positions: Decreased by 74 contracts
Total Reportable Long Positions: Increased by 229 contracts
Total Reportable Short Positions: Increased by 246 contracts
Total Nonreportable Long Positions: Decreased by 4 contracts
Total Nonreportable Short Positions: Decreased by 21 contracts
Percentage of Open Interest Held by Each Category of Trader:
Non-Commercial Long Positions: 76.1% of open interest
Non-Commercial Short Positions: 70.5% of open interest
Commercial Long Positions: 0.9% of open interest
Commercial Short Positions: 9.9% of open interest
Number of Traders in Each Category:
Non-Commercial Traders: 38 traders
Commercial Traders: 54 traders
Percentage of Open Interest Held by the Largest Traders:
Long Positions: 66.5% (4 or less traders) and 73.6% (8 or less traders)
Short Positions: 33.9% (4 or less traders) and 48.9% (8 or less traders)
Micro Bitcoin Futures (Code-133742):
Total Open Interest: 7,915 contracts
Non-Commercial Traders (Speculators):
Long Positions: 4,685 contracts
Short Positions: 6,160 contracts
Spreading Positions: 593 contracts
Commercial Traders:
Long Positions: 188 contracts
Short Positions: 0 contracts
Total Reportable Long Positions: 5,466 contracts
Total Reportable Short Positions: 6,753 contracts
Total Nonreportable Long Positions: 2,449 contracts
Total Nonreportable Short Positions: 1,162 contracts
Changes from the previous report (June 6, 2023):
Long Positions: Increased by 178 contracts
Short Positions: Increased by 95 contracts
Spreading Positions: Increased by 139 contracts
Commercial Long Positions: Increased by 16 contracts
Total Reportable Long Positions: Increased by 333 contracts
Total Reportable Short Positions: Increased by 234 contracts
Total Nonreportable Long Positions: Decreased by 18 contracts
Total Nonreportable Short Positions: Increased by 81 contracts
Percentage of Open Interest Held by Each Category of Trader:
Non-Commercial Long Positions: 59.2% of open interest
Non-Commercial Short Positions: 77.8%
For Bitcoin Futures:
Total open interest: 13,251 contracts
Non-Commercial Traders (Speculators) hold the majority of the open interest, with 76.1% of the long positions and 70.5% of the short positions.
Commercial Traders hold a smaller portion of the open interest, with 0.9% of the long positions and 9.9% of the short positions.
The number of Non-Commercial Traders is 38, while there are 54 Commercial Traders.
The largest traders (4 or less) hold 66.5% of the long positions and 33.9% of the short positions, while the largest 8 or less traders hold 73.6% of the long positions and 48.9% of the short positions.
For Micro Bitcoin Futures:
Total open interest: 7,915 contracts
Non-Commercial Traders (Speculators) hold 59.2% of the long positions and 77.8% of the short positions, making them the dominant group.
Commercial Traders hold a smaller portion of the open interest, with 2.4% of the long positions and no short positions.
The number of Non-Commercial Traders is 50, while there are 34 Commercial Traders.
The largest traders (4 or less) hold 26.5% of the long positions and 52.4% of the short positions, while the largest 8 or less traders hold 35.4% of the long positions and 68.2% of the short positions.
Key Points to note:
Speculators (Non-Commercial Traders) hold the majority of the open interest in both Bitcoin Futures and Micro Bitcoin Futures.
Commercial Traders have a smaller presence in terms of open interest.
The number of traders is higher for Bitcoin Futures compared to Micro Bitcoin Futures.
The largest traders have a significant influence on the market, holding a considerable portion of the positions.
Please note that the COT report provides insights into the positions held by different types of traders but does not indicate future price direction or market trends. It is one of the tools used to analyze market sentiment and positioning.
Bitcoin Futures (Code-133741):
Total Open Interest: 13,251 contracts
Non-Commercial Traders (Speculators):
Long Positions: 10,086 contracts
Short Positions: 9,343 contracts
Spreading Positions: 1,875 contracts
Commercial Traders:
Long Positions: 122 contracts
Short Positions: 1,309 contracts
Total Reportable Long Positions: 12,083 contracts
Total Reportable Short Positions: 12,527 contracts
Total Nonreportable Long Positions: 1,168 contracts
Total Nonreportable Short Positions: 724 contracts
Changes from the previous report (June 6, 2023):
Long Positions: Decreased by 20 contracts
Short Positions: Increased by 6 contracts
Spreading Positions: Increased by 314 contracts
Commercial Long Positions: Decreased by 65 contracts
Commercial Short Positions: Decreased by 74 contracts
Total Reportable Long Positions: Increased by 229 contracts
Total Reportable Short Positions: Increased by 246 contracts
Total Nonreportable Long Positions: Decreased by 4 contracts
Total Nonreportable Short Positions: Decreased by 21 contracts
Percentage of Open Interest Held by Each Category of Trader:
Non-Commercial Long Positions: 76.1% of open interest
Non-Commercial Short Positions: 70.5% of open interest
Commercial Long Positions: 0.9% of open interest
Commercial Short Positions: 9.9% of open interest
Number of Traders in Each Category:
Non-Commercial Traders: 38 traders
Commercial Traders: 54 traders
Percentage of Open Interest Held by the Largest Traders:
Long Positions: 66.5% (4 or less traders) and 73.6% (8 or less traders)
Short Positions: 33.9% (4 or less traders) and 48.9% (8 or less traders)
Micro Bitcoin Futures (Code-133742):
Total Open Interest: 7,915 contracts
Non-Commercial Traders (Speculators):
Long Positions: 4,685 contracts
Short Positions: 6,160 contracts
Spreading Positions: 593 contracts
Commercial Traders:
Long Positions: 188 contracts
Short Positions: 0 contracts
Total Reportable Long Positions: 5,466 contracts
Total Reportable Short Positions: 6,753 contracts
Total Nonreportable Long Positions: 2,449 contracts
Total Nonreportable Short Positions: 1,162 contracts
Changes from the previous report (June 6, 2023):
Long Positions: Increased by 178 contracts
Short Positions: Increased by 95 contracts
Spreading Positions: Increased by 139 contracts
Commercial Long Positions: Increased by 16 contracts
Total Reportable Long Positions: Increased by 333 contracts
Total Reportable Short Positions: Increased by 234 contracts
Total Nonreportable Long Positions: Decreased by 18 contracts
Total Nonreportable Short Positions: Increased by 81 contracts
Percentage of Open Interest Held by Each Category of Trader:
Non-Commercial Long Positions: 59.2% of open interest
Non-Commercial Short Positions: 77.8%
For Bitcoin Futures:
Total open interest: 13,251 contracts
Non-Commercial Traders (Speculators) hold the majority of the open interest, with 76.1% of the long positions and 70.5% of the short positions.
Commercial Traders hold a smaller portion of the open interest, with 0.9% of the long positions and 9.9% of the short positions.
The number of Non-Commercial Traders is 38, while there are 54 Commercial Traders.
The largest traders (4 or less) hold 66.5% of the long positions and 33.9% of the short positions, while the largest 8 or less traders hold 73.6% of the long positions and 48.9% of the short positions.
For Micro Bitcoin Futures:
Total open interest: 7,915 contracts
Non-Commercial Traders (Speculators) hold 59.2% of the long positions and 77.8% of the short positions, making them the dominant group.
Commercial Traders hold a smaller portion of the open interest, with 2.4% of the long positions and no short positions.
The number of Non-Commercial Traders is 50, while there are 34 Commercial Traders.
The largest traders (4 or less) hold 26.5% of the long positions and 52.4% of the short positions, while the largest 8 or less traders hold 35.4% of the long positions and 68.2% of the short positions.
Key Points to note:
Speculators (Non-Commercial Traders) hold the majority of the open interest in both Bitcoin Futures and Micro Bitcoin Futures.
Commercial Traders have a smaller presence in terms of open interest.
The number of traders is higher for Bitcoin Futures compared to Micro Bitcoin Futures.
The largest traders have a significant influence on the market, holding a considerable portion of the positions.
Please note that the COT report provides insights into the positions held by different types of traders but does not indicate future price direction or market trends. It is one of the tools used to analyze market sentiment and positioning.
