Data: CME Bitcoin futures open interest hits a record high, reaching 12.3 billion USD

2024-10-18 10:23:23

Collection

ChainCatcher news, according to Coinglass data, as of October 18, the Chicago Mercantile Exchange (CME) Bitcoin futures open interest (USD) reached $12.3 billion, breaking the historical high and accounting for 31% of the total open interest in Bitcoin futures contracts in the current crypto market ($39.1 billion).

In addition, K33Research analyst Vetle Lunde stated that the current institutional preference is to build long positions. With a significant increase in open interest, the futures premium has risen to a 5-month high.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.