Open interest in BTC contracts across the network dropped to $17 billion

According to Coinglass data, the total open position of BTC futures contracts on the entire network is 424,640 BTC (approximately $17 billion), with a 24-hour decrease of 1.11%. Among them, the open position of CME BTC contracts is 113,610 BTC (approximately $4.54 billion), ranking first; the open position of Binance BTC contracts is 100,310 BTC (approximately $4.02 billion), ranking second.