đ Today's Bitcoin and Ethereum contract market open positions observation
According to the latest data from Coinglass, the total open positions of Bitcoin contracts on the entire network are 552,100 BTC (about US$35.123 billion), with a 24-hour increase of 1.47%, of which CME Bitcoin contracts have an open position of 160,500 BTC (about US$10.20 billion), ranking first; Binance Bitcoin contracts have an open position of 121,900 BTC (about US$7.751 billion), ranking second.
On the other hand, the total open positions of Ethereum options contracts on the entire network are 4.5805 million ETH (about US$12.127 billion), with a 24-hour increase of 0.55%, of which Binance Ethereum contracts have an open position of 1.3749 million BTC (about US$3.637 billion), ranking first; Bybit Ethereum contracts have an open position of 785,300 BTC (about US$2.076 billion), ranking second.
These data show that despite some market volatility, open interest on major exchanges remains high, which may indicate that investors remain confident in the cryptocurrency market. However, investors still need to consider broader market factors and personal risk tolerance when making trading decisions.
đ Do you think these open positions will have an impact on the short-term price trend of Bitcoin and Ethereum? Will it be your entry and exit criteria and basis for short-term investment? See the comments section!
