Summary
- The open interest (OI) of Bitcoin (BTC) perpetual futures has reached a one-year high.
- The total Bitcoin open interest across all crypto exchanges has been reported to be $40.2 billion.
- It was reported that speculative sentiment and leverage usage are on the rise in the market.
The open interest (OI) of Bitcoin (BTC) perpetual futures has reached the highest level in a year.
On the 14th (local time), cryptocurrency analyst Ali Martinez stated on X (formerly Twitter), "The total Bitcoin open interest across all crypto exchanges has reached $40.2 billion," adding, "This is the largest open interest in the past year." He also noted, "Speculative sentiment and leverage usage are increasing in the market."
As of 4:11 PM, Bitcoin is trading at $122,262, up 3.71% compared to 24 hours ago on the Binance USDT market.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit![[Exclusive] South Korea’s FSS to look into ZKsync coin after a 1,000% surge in just three hours](https://media.bloomingbit.io/PROD/news/073d8ae6-ffa0-4b8b-85dd-3f131d9eb908.webp?w=250)
