Summary
- "Bitcoin perpetual futures open interest increased by $2.4 billion compared to the previous day, reaching $38.6 billion."
- "Spot trading volume surged from $2.9 billion to $8.0 billion during the same period."
- "On the Binance USDT market, Bitcoin is trading at $88,481, up 1.12% from 24 hours ago."
Bitcoin (BTC) perpetual futures open interest (OI) and spot trading volume have significantly increased compared to the previous day.
On the 22nd (local time), Glassnode reported on X (formerly Twitter) that "Bitcoin futures open interest rose by $2.4 billion from the previous day ($36.2 billion) to reach $38.6 billion," evaluating it as "the highest level since the end of March." It further stated, "A large influx of new funds is also entering the spot market," and "during the same period, Bitcoin spot trading volume surged from $2.9 billion to $8.0 billion."
As of 6:40 PM, Bitcoin is trading at $88,481 on the Binance USDT market, up 1.12% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
