Kraken futures kraken BTC futures positioning

Kraken BTC futures positioning indicates a 62% long-side bias among top accounts. If this leverage sustains, spot markets may see correlated upward momentum in short order. Oct. 2, 8:30 a.m.: U.S. Jobless Claims initial (for week ended Sept. 27) Est. 223K, continuing (for week ended Sept. 20) Est. 1930K. The report has been delayed due to a federal government shutdown. According to the firm’s official website, Perps allow users to trade on whether a coin’s price will go up or down, without owning the actual asset. Trades or predictions made through the service don’t have an expiry date and can be exited at any time. Kraken Futures ETH premium over spot narrowed from $40 to $15, indicating reduced speculative excess. Lower basis levels may favor spot-led rallies in upcoming sessions.