Institutional Investors' Short Positions on Bitcoin Have Significantly Decreased

In recent months, there has been a noticeable reduction in institutional investors' aggressive shorting of Bitcoin. One key indicator of this shift is the decline in the net positions of CME (Chicago Mercantile Exchange) futures, which have dropped by a staggering 75% over the past five months. This substantial decrease suggests that institutional investors are either reducing their bearish bets on Bitcoin or exiting the market altogether.