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The bearish sentiment in the bitcoin (BTC) futures market hit a record low last week, indicating that the worst of the leading cryptocurrency's price plunge just might be in the past.

The non-commercial futures contracts of bitcoin, traded by large speculators and hedge funds, totaled a net position of -1266 contracts in the week ended Aug. 21 – the lowest on record, according to the data released by the Commodity Futures Trading Commission (CFTC) on Friday.


根据商品期货交易委员会公布的数据,截至8月21日当周,由大型投机者和对冲基金交易的比特币非商业期货合约在-1266份合约中净持仓量创下历史最低水平。 CFTC)周五。


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