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Bitcoin contract open interest reaches $33.94 billion, a record high

Bitcoin contract open interest reaches $33.94 billion, a record high

Cointime2024/03/13 11:01
By: Cointime
BTC+0.35%

According to SoSo Value data, on March 13th, the Bitcoin futures open interest reached a new all-time high. As of the time of writing, the Bitcoin futures open interest has reached $33.94 billion, surpassing the second-highest point in November 2021 of $23.04 billion. At the same time, the Bitcoin funding rates on mainstream exchanges including Binance and OKX have also reached a new high not seen since the beginning of 2023.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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