[Institutional Investors Sell $21.6 Billion in Nasdaq Futures in a Single Week, Turning Net Short] According to The Kobeissi Letter, Goldman Sachs data shows that as of the week ending August 4, institutional investors collectively sold $21.6 billion in Nasdaq futures, marking the largest single-week sell-off in history. Among these, short-selling accounted for 72% of the total sales, with hedge funds selling $11.9 billion and asset management firms selling $7.4 billion. Institutional investors' total position in Nasdaq futures dropped to -$5 billion, turning negative for the first time since May 2025, whereas in October 2025, this figure had reached $54 billion.