According to Cas Abbé, CME Ethereum leveraged funds have reached a record short level. This indicates a significant bearish sentiment among institutional traders, potentially impacting Ethereum's price negatively in the short term. Traders should monitor market reactions closely, as large short positions can lead to increased volatility. Source: Cas Abbé on Twitter.

According to CCData, the CME crypto volumes have reached a new all-time high of $285 billion, indicating increased institutional interest. Additionally, the Czech President has signed a bill exempting long-held BTC from capital gains tax, potentially boosting investor confidence in the region. Furthermore, a Trump-supported DeFi project plans to establish a strategic reserve of tokens, which might impact market dynamics.

According to CCData, the CME's derivatives trading volume surged to a record $264 billion in December, marking a 7.96% increase. This growth reflects strong momentum in the crypto derivatives market, which traders might find indicative of increasing institutional participation and interest. For detailed analysis, CCData's latest Exchange Review provides comprehensive insights into these trends.

According to CCData_io, today's top stories in the cryptocurrency market include significant movements and interests. Amazon's shareholders are advocating for the company to allocate part of its holdings into Bitcoin, potentially increasing institutional interest in the digital currency. Meanwhile, spot Ethereum ETFs are experiencing their longest streak of inflows since their inception, indicating strong investor demand. Additionally, institutional trading activity on the Chicago Mercantile Exchange (CME) has reached new highs, suggesting a growing involvement of large financial entities in crypto futures trading.

According to GreeksLive, the week concluded smoothly without significant volatility from the U.S. presidential debate and macroeconomic data. Looking ahead, expectations for a Fed rate cut are converging. Data from CME's interest rate trading indicates a growing probability of such a cut.

According to @CCData_io, the total derivatives trading volume on CME increased by 23.7% in July, reaching $130 billion. This marks the highest volume on the exchange since March. Specifically, Bitcoin futures rose by 24% to $101 billion, while Ether futures increased by 15% to $20.7 billion.

According to @CCData_io, options volume on the CME reached an all-time high in July, increasing by 93.6% to $3.69 billion. Bitcoin ($BTC) options volume surged 89.8% to $2.72 billion, marking the highest monthly total since March. Ethereum ($ETH) options volume also saw a significant rise, jumping 122% to $897 million.

According to @CryptoMichNL, the Bitcoin CME gap didn't close, indicating a potential bounce to $64K this week. Although a slight continuation of the current downtrend is expected, a reversal is anticipated soon. BTC pairs of altcoins, especially Ethereum (ETH), are not suffering significantly.