The open interest of BTC contracts across the entire network has recently reached 610,000, approximately 5.917 billion USD, an increase of 2.64% within 24 hours. This demonstrates the ongoing interest and participation in the Bitcoin market.
Among major exchanges, CME leads with 171,300 BTC, accounting for 28.02% of the total, with a 24-hour increase of 3.48%. This indicates that traditional financial markets still have a strong interest in cryptocurrencies.
Following closely is Binance, holding 130,100 BTC, accounting for 21.31%, with a 24-hour increase of 4.68%. This shows the activity level of crypto exchanges and market liquidity.
Overall, the growth of open interest in the BTC market reflects active participation from investors, but future trends should be observed with caution. 📈