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Published 10 Aug 2026, 10:53 UTC · fetched 13 Oct 2026, 05:55 UTC
Michaël van de Poppe
@CryptoMichNL
Quoting · 10 Aug 2026, 05:20 UTC · context given to the AI
Hedge funds on CME flipped net long BTC futures. This is rare. The basis trade keeps them structurally short. That's why this chart's been red for years. You can't carry trade into a net long. The suits are betting on upside. https://t.co/hG1musewVxA strong signal for the markets. The basis trade has kept everyone short $BTC futures for years, which is why you're seeing a huge amount of net negative positioning in futures. The only occasion when this didn't happen was the 2025 breakout from $75K to $125K. Right now, the same signal is evident in the markets, indicating that traders want to flip long despite the net-negative basis trade strategy. Bullish!View original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Repeat call within an existing 24h episode
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Repeated same-asset, same-direction calls count once, anchored to the first eligible post
Uses only text available at publication time
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