According to Coinglass data, Bitcoin’s total open interest across all cryptocurrency exchanges surged 5.85% over the past 24 hours to reach $47.852 billion, indicating heightened market participation. Among major exchanges, Binance recorded the highest OI at $8.896 billion, followed by OKX ($2.53 billion), Bybit ($4.151 billion), and Gate.io ($3.896 billion). The data suggests a short-term bullish sentiment in the futures market, though traders should monitor subsequent changes and potential volatility.
Market Snapshot
Data from Coinglass reveals that Bitcoin's aggregate futures open interest increased by 5.85% in the last 24 hours, reaching $47.852 billion. Binance leads with $8.896 billion in OI, while OKX holds $2.53 billion, Bybit $4.151 billion, and Gate.io $3.896 billion.
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