Bitcoin futures open interest stands at 695,020 BTC, worth approximately $54.82 billion, down 0.26% in the last hour and 0.38% over four hours but still 1.15% higher over the past 24 hours. Binance holds 142,500 BTC of the total, equivalent to $11.24 billion and about 20.5% of the market. Options data from Deribit shows call open interest at 288,409.93 BTC (60.89%) and puts at 185,234.42 BTC (39.11%). Over the past day, put trading was more active, accounting for 54.49% of volume with 12,380.77 BTC traded, versus 10,339.78 BTC for calls. For the Sept. 25 expiry, Deribit, Binance and OKX all point to a max pain zone near $70,000 to $73,000. Spot bitcoin stood at $78,425 as of 19:00 ET on Aug. 30, while futures positioning remains elevated, according to Bitcoin.com News via Odaily.
Bitcoin futures open interest has climbed to 695,020 BTC, with a notional value of $54.82 billion, according to market data reported by Odaily. The figure is down 0.26% over the past hour and 0.38% over the past four hours, but still shows a 1.15% gain over the last 24 hours.
Binance accounts for 142,500 BTC of that open interest, worth $11.24 billion and representing approximately 20.5% of the total.
On Deribit, bitcoin options open interest is heavily weighted toward calls: call positions total 288,409.93 BTC, or 60.89% of the market, while puts stand at 185,234.42 BTC (39.11%). Over the past 24 hours, put volume reached 12,380.77 BTC, or 54.49% of the total, exceeding call volume of 10,339.78 BTC.
Data from Deribit, Binance and OKX shows that the max pain point for options expiring on Sept. 25 sits near the $70,000 to $73,000 range. At 19:00 ET on Aug. 30, spot bitcoin was trading at $78,425, while futures positioning remained elevated.
Source: Bitcoin.com News via Odaily.
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