CoinVoice has recently learned that according to Coinglass data, as of October 18, the Chicago Mercantile Exchange (CME) Bitcoin futures open interest (USD) reached US$12.3 billion, breaking the historical high and accounting for 31% of the total Bitcoin futures contract open interest in the current crypto market (US$39.1 billion).
In addition, Vetle Lunde, a researcher at K33Research, said that the current institutional preference is to establish long positions. With the sharp increase in open interest, the futures premium has climbed to a 5-month high. [Original link]
