What is a bitcoin exchange net position change metric?
Could you elaborate on the significance of the bitcoin exchange net position change metric? How is it calculated, and what insights does it provide for market analysts and investors? Is it a reliable indicator of market sentiment or a mere snapshot of current trading activity? Additionally, how does it differ from other metrics like trading volume or open interest? Understanding this metric's nuances and applications within the cryptocurrency ecosystem would be invaluable for those looking to navigate the volatile bitcoin markets.