Is the bitcoin-cash:native rally institutional money? The CME contracts that would carry it don’t start trading until Oct 19. So far, the positioning is on existing perp venues: 📈 Trading volume ran ~7x its Aug 24 to Sep 20 daily average on both Sep 22 and Sep 23. 🔀 Open interest nearly doubled on announcement day, from ~$151M to ~$295M. 📉 On Sep 23, open interest shed ~10% while price slipped ~2%. 📊 Social volume hit ~3x its baseline on Sep 22, then fell by a third the next day. If this is sell the rumor, the fact is still 25 days away. 🔗 Track BCH open interest and volume in Sanbase: https://app.santiment.net/charts/bch-cme-announcement-32135?utm_source=x&utm_medium=post&utm_campaign=bchcme_0926&aff=33