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Kaiko: Hedge funds hold net short positions in Bitcoin and Ethereum futures, maintaining a cautious stance in volatile markets

Kaiko: Hedge funds hold net short positions in Bitcoin and Ethereum futures, maintaining a cautious stance in volatile markets

CointimeCointime2024/05/27 04:46
By:Cointime

According to a recent analysis by Kaiko, hedge funds currently hold net short positions in Bitcoin and Ethereum futures. This strategic move reflects a cautious stance in the volatile market dynamics and speculative trading activity.

The report notes that the net short status represents a broader sentiment in hedge funds, which may be driven by various hedging strategies rather than a complete pessimism about the future value of cryptocurrencies. Its research highlights this trend as the derivatives market, especially perpetual futures contracts, remains an important stage for high-risk speculation and price discovery in the cryptocurrency industry.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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