{"id":62181,"date":"2022-05-29T12:24:26","date_gmt":"2022-05-29T09:24:26","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=62181"},"modified":"2025-09-05T16:26:39","modified_gmt":"2025-09-05T13:26:39","slug":"cftc-report-large-cme-players-build-long-bitcoin-futures-positions","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/cftc-report-large-cme-players-build-long-bitcoin-futures-positions\/","title":{"rendered":"CFTC Report: Large CME Players Build Long Bitcoin Futures Positions"},"content":{"rendered":"<p>Open interest in Bitcoin futures on the regulated exchange <span data-descr=\"Chicago Mercantile Exchange\" class=\"old_tooltip\">CME<\/span> is gradually stabilising after a prolonged decline. This is evidenced by data from <a href=\"https:\/\/www.cftc.gov\/dea\/futures\/deacmesf.htm\" title=\"CFTC\">the CFTC<\/a>.<\/p>\n<p><!--more--><\/p>\n<p>The chart below shows that the downtrend began in late October, interrupted in early March.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"883\" height=\"508\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-667.png\" alt=\"\u041e\u0442\u0447\u0435\u0442 CFTC: \u043a\u0440\u0443\u043f\u043d\u044b\u0435 \u0438\u0433\u0440\u043e\u043a\u0438 \u043d\u0430 CME \u043d\u0430\u0440\u0430\u0449\u0438\u0432\u0430\u044e\u0442 \u0434\u043b\u0438\u043d\u043d\u044b\u0435 \u043f\u043e\u0437\u0438\u0446\u0438\u0438 \u043f\u043e \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0444\u044c\u044e\u0447\u0435\u0440\u0441\u0430\u043c\" class=\"wp-image-174409\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-667.png 883w, https:\/\/u1f987.com\/wp-content\/uploads\/1-667-300x173.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-667-768x442.png 768w\" sizes=\"auto, (max-width: 883px) 100vw, 883px\" \/><figcaption>Open interest dynamics for Bitcoin futures on CME. Data: CFTC.<\/figcaption><\/figure>\n<p>Longs of hedge funds and other large players (Non-Commercial) are increasingly prevailing over shorts. Previously, short positions dominated in this category.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"459\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-545-1024x459.png\" alt=\"\u041e\u0442\u0447\u0435\u0442 CFTC: \u043a\u0440\u0443\u043f\u043d\u044b\u0435 \u0438\u0433\u0440\u043e\u043a\u0438 \u043d\u0430 CME \u043d\u0430\u0440\u0430\u0449\u0438\u0432\u0430\u044e\u0442 \u0434\u043b\u0438\u043d\u043d\u044b\u0435 \u043f\u043e\u0437\u0438\u0446\u0438\u0438 \u043f\u043e \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0444\u044c\u044e\u0447\u0435\u0440\u0441\u0430\u043c\" class=\"wp-image-174410\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/2-545-1024w.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-545-300x135.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-545-768x344.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/2-545.png 1166w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Dynamics of long and short positions of hedge funds and other large players (Non-Commercial) on CME. Data: CFTC.<\/figcaption><\/figure>\n<p>Among retail traders, shorts have come to dominate over longs. Although Nonreportable are usually optimistic relative to others, larger market participants.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"469\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-330-1024x469.png\" alt=\"\u041e\u0442\u0447\u0435\u0442 CFTC: \u043a\u0440\u0443\u043f\u043d\u044b\u0435 \u0438\u0433\u0440\u043e\u043a\u0438 \u043d\u0430 CME \u043d\u0430\u0440\u0430\u0449\u0438\u0432\u0430\u044e\u0442 \u0434\u043b\u0438\u043d\u043d\u044b\u0435 \u043f\u043e\u0437\u0438\u0446\u0438\u0438 \u043f\u043e \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0444\u044c\u044e\u0447\u0435\u0440\u0441\u0430\u043c\" class=\"wp-image-174411\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-330-1024w.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/3-330-300x137.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/3-330-768x352.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/3-330.png 1163w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Positions of small players (Nonreportable positions) on CME. Data: CFTC.<\/figcaption><\/figure>\n<p>Among the few institutional players, the number of short positions is growing.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"925\" height=\"528\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-Dinamika-pozitsij-krupnyh-igrokov-institutsionalov-Commercial-na-CME.-Dannye-CFTC.png\" alt=\"\u041e\u0442\u0447\u0435\u0442 CFTC: \u043a\u0440\u0443\u043f\u043d\u044b\u0435 \u0438\u0433\u0440\u043e\u043a\u0438 \u043d\u0430 CME \u043d\u0430\u0440\u0430\u0449\u0438\u0432\u0430\u044e\u0442 \u0434\u043b\u0438\u043d\u043d\u044b\u0435 \u043f\u043e\u0437\u0438\u0446\u0438\u0438 \u043f\u043e \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0444\u044c\u044e\u0447\u0435\u0440\u0441\u0430\u043c\" class=\"wp-image-174412\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-Dinamika-pozitsij-krupnyh-igrokov-institutsionalov-Commercial-na-CME.-Dannye-CFTC.png 925w, https:\/\/u1f987.com\/wp-content\/uploads\/4-Dinamika-pozitsij-krupnyh-igrokov-institutsionalov-Commercial-na-CME.-Dannye-CFTC-300x171.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/4-Dinamika-pozitsij-krupnyh-igrokov-institutsionalov-Commercial-na-CME.-Dannye-CFTC-768x438.png 768w\" sizes=\"auto, (max-width: 925px) 100vw, 925px\" \/><figcaption>Dynamics of positions of major institutional players (Commercial) on CME. Data: CFTC.<\/figcaption><\/figure>\n<p>The total number of participants trading Bitcoin futures on CME is gradually increasing.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"457\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/5-obshhee-chislo-1024x457.png\" alt=\"\u041e\u0442\u0447\u0435\u0442 CFTC: \u043a\u0440\u0443\u043f\u043d\u044b\u0435 \u0438\u0433\u0440\u043e\u043a\u0438 \u043d\u0430 CME \u043d\u0430\u0440\u0430\u0449\u0438\u0432\u0430\u044e\u0442 \u0434\u043b\u0438\u043d\u043d\u044b\u0435 \u043f\u043e\u0437\u0438\u0446\u0438\u0438 \u043f\u043e \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0444\u044c\u044e\u0447\u0435\u0440\u0441\u0430\u043c\" class=\"wp-image-174413\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/5-obshhee-chislo-1024w.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/5-obshhee-chislo-300x134.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/5-obshhee-chislo-768x343.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/5-obshhee-chislo.png 1087w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Bulls and bears among large CME traders and the total number of players. Data: CFTC.<\/figcaption><\/figure>\n<p>Against the backdrop of shifts in the Bitcoin futures market, the fear index has been at extremely low levels since the beginning of May.<\/p>\n<p><script async=\"\" src=\"https:\/\/telegram.org\/js\/telegram-widget.js?19\" data-telegram-post=\"forklog\/25761\" data-width=\"100%\"><\/script><\/p>\n<p>The RSI indicator on the weekly chart has approached the deeply oversold zone.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"488\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/6-btcusdt-1024x488.png\" alt=\"\u041e\u0442\u0447\u0435\u0442 CFTC: \u043a\u0440\u0443\u043f\u043d\u044b\u0435 \u0438\u0433\u0440\u043e\u043a\u0438 \u043d\u0430 CME \u043d\u0430\u0440\u0430\u0449\u0438\u0432\u0430\u044e\u0442 \u0434\u043b\u0438\u043d\u043d\u044b\u0435 \u043f\u043e\u0437\u0438\u0446\u0438\u0438 \u043f\u043e \u0431\u0438\u0442\u043a\u043e\u0438\u043d-\u0444\u044c\u044e\u0447\u0435\u0440\u0441\u0430\u043c\" class=\"wp-image-174414\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/6-btcusdt-1024.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/6-btcusdt-300x143.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/6-btcusdt-768x366.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/6-btcusdt.png 1040w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Weekly BTC\/USDT chart on Binance. Data: TradingView.<\/figcaption><\/figure>\n<p>Based on the factors above, a Bitcoin price rebound is likely soon, or even a trend reversal.<\/p>\n<p>Earlier, Glassnode <a href=\"https:\/\/u1f987.com\/en\/news\/glassnode-uncertainty-in-the-crypto-market-will-persist\">noted<\/a> persisting uncertainty in the cryptocurrency market.<\/p>\n<p>Subscribe to ForkLog&#8217;s news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news, infographics and opinions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Open interest in Bitcoin futures on the CME is gradually stabilizing after a prolonged decline.<\/p>\n","protected":false},"author":1,"featured_media":62182,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,383,1168],"class_list":["post-62181","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cme-group","tag-crypto-derivatives"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62181","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=62181"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62181\/revisions"}],"predecessor-version":[{"id":62183,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/62181\/revisions\/62183"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/62182"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=62181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=62181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=62181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}