According to Coinglass data, BTC's aggregate futures open interest increased by 8.57% in the past 24 hours to $48.241 billion. Among major exchanges, Binance holds $8.868 billion, OKX $2.53 billion, Bybit $4.218 billion, and Gate $4.07 billion. The surge indicates short-term market enthusiasm, warranting attention to potential volatility risks.
BTC Futures Open Interest Jumps Sharply
Data from Coinglass shows that the total open interest of BTC futures contracts across all exchanges rose 8.57% in the last 24 hours, reaching $48.241 billion. The breakdown by major platforms: Binance $8.868 billion, OKX $2.53 billion, Bybit $4.218 billion, and Gate $4.07 billion.
A sharp increase in open interest often signals heightened market activity and speculative fervor. Traders should monitor concentration shifts that could amplify price swings. Source: ChainCatcher.
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