The largest bitcoin futures traders are positioned to win big if the cryptocurrency keeps falling. But the data tells an important story.
I’ve talked about how futures markets revealed an upcoming stock market index rally. But there’s another side to the story within the crypto market.
Let’s see what the weekly Commitment of Traders (COT) report says. Every week, the Commodity Futures Trading Commission’s report tells us who is buying and selling different commodities and futures contracts, like bitcoin.