The CFTC’s weekly report on CME bitcoin futures positions from August 3 to August 9 shows that the total open interest dropped from 12,849 contracts to 12,510 contracts.
Institutional long positions are 9,288 contracts, short positions are 9,428 contracts, and the ratio of long and short positions is 1:1. Institutional long and short positions are balanced, with a slight bias towards bearishness.
Large investors have 445 long positions, 606 short positions, and the ratio of long and short positions is 1:1.4.
Retail investors have 1,034 long positions and 733 short positions, and the ratio of long and short positions is 1.4:1. The overall retail investors are bullish.