Open interest in Bitcoin contracts across the entire network exceeds $27.5 billion
According to Coinglass data on February 29th, the total open position of Bitcoin futures contracts on the entire network was 442,700 BTC (approximately $27.683 billion).
CME's open position for Bitcoin futures contracts was 127,900 BTC (approximately $7.804 billion), ranking first;
Binance's open position for Bitcoin futures contracts was 102,100 BTC (approximately $6.449 billion), ranking second.
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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