CryptoQuant CEO Ki Young Ju said he had incorrectly labeled CME position data, acknowledging that "Total Reportables" had been mistaken for "Leveraged Funds" in an earlier interpretation. The correction matters because CFTC (U.S. derivatives regulator) positioning data is widely used to gauge whether hedge funds and other large traders are turning more bullish or bearish on Bitcoin futures. The latest CFTC figures cited in the post, covering data up to the linked update, showed Bitcoin short positions were down 50% from a year earlier, even though leveraged funds had not actually flipped to net long.