Follow the contract positions | $BTW
Contract positions are declining (24-hour open interest: -21.45%), while the price has risen 13.01%.
There is still $117 million in the market. Most of the positions exiting are likely short positions: closing them requires buying, which may be what’s pushing the price up.
Contract positions are declining (24-hour open interest: -21.45%), while the price has risen 13.01%.
There is still $117 million in the market. Most of the positions exiting are likely short positions: closing them requires buying, which may be what’s pushing the price up.