Bitcoin futures unpositioned squaring contracts have risen sharply since Trump's election victory
2024-11-29 00:52:59
Bitcoin futures unpositioned squaring contracts have risen sharply since Trump's election victory on November 5. Data show that bitcoin futures unpositioned squaring contracts have risen from $39 billion on November 5 to the current $60.90 billion, indicating increased trading activity and market speculation. Bitfinex analysts said the increase in unpositioned squaring contracts appears to be a natural increase, driven by expectations of future price appreciation. Leverage accumulation is a common tool used by traders, including institutions, to position against expected price movements.