According to Coinglass data reported by PANews on December 29, the total open interest of Bitcoin contracts across the network has decreased to 618,700, valued at approximately $58.533 billion. This represents a 0.98% drop over a 24-hour period.

Breakdown of Open Interest by Exchange

The open interest of Bitcoin contracts is distributed among various exchanges, with the following notable figures:

* CME Bitcoin Contracts: 188,500 BTC, valued at approximately $17.777 billion, accounting for 30.36% of the total open interest. * Binance Bitcoin Contracts: 125,700 BTC, valued at approximately $11.895 billion, accounting for 20.32% of the total open interest.

Note: This information is provided solely for market awareness and should not be considered as investment advice.

Source: Panewslab.com

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