Tag: Open interest

news-16102024-145319

Bitcoin Futures Open Interest at Record High, Indicates Bullish Trend

Bitcoin futures open interest on the CME exchange has reached a record high of 172,430 BTC, which is equivalent to $11.6 billion. This surge in open interest is a significant indicator of a bullish...
news-16102024-084922

Cash-Margined Bitcoin Futures: Open Interest Reaches Record Highs

Cash-margined Bitcoin futures contracts are gaining popularity as open interest in these futures has reached record highs. Currently valued at approximately 478,000 BTC ($31.8 billion), the open interest in cash-margined futures has hit an...
news-04072024-124808

Unpacking the $7 Billion Drop in Bitcoin’s Open Interest

Bitcoin's open interest has recently taken a hit, dropping by $7 billion in just one month. This decline in notional open interest has coincided with a 14% decrease in the price of Bitcoin in...