With Bitcoin (BTC) exceeding the critical $31,000 level and winking at $35,000, the open position in futures contracts reached its highest level in 16 months.
Bitcoin’s experience in the past weeks big rise It led to a new high in the futures market. Open Bitcoin futures contracts according to Coinglass data From June 2022 reached its highest level since.
Open interest in Bitcoin futures since October 15.83 billion, up 33.5% reached the dollar.
Moreover Bitcoin And Ethereum (ETH) Total open position for option contracts 20 billion dollars exceeded and reached one of its highest levels.
On the other hand, the value of positions opened for Bitcoin futures contracts on CME to $3.57 billion rose and CME thus followed Binace for Bitcoin futures. second largest stock exchange became. This brought to mind the beginning of the 2021 bull.
Bitcoin rallied last week as bets about the launch of spot Bitcoin ETFs soared. 35 It had risen to a thousand dollars. According to CoinGecko data bitcoin, while writing from $34,494 is being traded.