According to TechFlow, on October 16, according to Coinglass data, the total open interest of Bitcoin contracts on the entire network exceeded US$38 billion, and is now reported at US$38.351 billion, an increase of 1.07% in the past 24 hours, close to the historical high of US$39.031 billion set on March 29 this year. The growth was mainly contributed by the CME platform, where the open interest increased by 5.87% in the past 24 hours, and Binance decreased by 1.27% in the past 24 hours.