According to Coinglass data, BTC's total futures open interest surged 8.57% in the past 24 hours, reaching $48.24 billion. Exchange breakdown: Binance $8.868B, OKX $2.53B, Bybit $4.218B, Gate $4.07B. The spike indicates bullish sentiment and increased market activity.
BTC Futures Open Interest Sees Rapid Growth
According to the latest data from Coinglass, the total open interest of Bitcoin futures across all major exchanges increased by 8.57% in the past 24 hours, reaching a current total of $48.241 billion. This surge reflects market participants' optimistic expectations for Bitcoin's near-term price trajectory, with significant capital flowing into the derivatives market.
By exchange, Binance leads with $8.868 billion in open interest, followed by OKX at $2.53 billion, Bybit at $4.218 billion, and Gate at $4.07 billion. The rapid expansion in open interest highlights renewed speculative interest, though traders should remain cautious of potential volatility and liquidation risks.
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