The futures monthly contract on CME saw the strongest declines in its history post-expiration on Friday. While the price of the monthly contract for August closed ($11,350) around the opening ($11,630) itself. The high and lows of the futures contract on CME were $12,625 and $11,115. Apparently, the massive short position closing towards the end
![CME Bitcoin [BTC] Futures Sees Largest Drop in OI Since Launch: Report](https://images.cryptocompare.com/news/coingape/9yMsA2c1wA8.png "CME Bitcoin [BTC] Futures Sees Largest Drop in OI Since Launch: Report")
