Institutional investors sold $21.6 billion a week of NASDAQ futures, and the warehouse was empty. Head

According to The Kobeissi Letter, institutional investors had sold $21.6 billion of NASDAQ futures as of the week of 4 August, the largest single week in history. Of these, empty transactions accounted for 72 per cent of total sales. The hedge fund sold $11.9 billion and the asset management agency $7.4 billion. The aggregate position of institutional investors in Nasdak futures fell to -5 billion dollars, which was turned negative for the first time since May 2025, while in October 2025 that value had reached US$ 54 billion。