Data: Bitcoin Contract Positions Hit Record High of $33.94 Billion

On March 13th, bitcoin contract positions hit an all-time high, according to SoSo Value data. As of this writing, bitcoin contract positions have reached $33.94 billion, surpassing the November 2021 high of $23.04 billion. At the same time, bitcoin funding rates on major trading platforms, including Binance and OKX, have hit record highs since early 2023.