📊 Latest open positions in cryptocurrency options and contracts
According to the latest data from Coinglass, the open interest of BTC options across the network is $18.936 billion, while the open interest of ETH options is $4.843 billion. In terms of contracts, the open interest of BTC contracts reached $32.907 billion, and the open interest of ETH contracts was $11.464 billion.
It is worth noting that Binance occupies an important position in the BTC and ETH contract markets, with BTC contract open interest of 146,100 BTC, equivalent to $7.193 billion, and ETH contract open interest of 1.3886 million ETH, equivalent to $3.366 billion.
💼 Viewpoint:
As the cryptocurrency market develops, the derivatives market is also growing. These open interest data provide us with a glimpse into the sentiment of market participants and also show investors' continued interest in cryptocurrency derivatives.
Although the market sometimes experiences volatility, the size of open interest shows the depth and liquidity of the market. For traders, understanding these position changes is crucial to making smart investment decisions.
💬 What do you think of these latest options and contract data? What impact do you think these changes will have on market trends? Leave your views in the comments section!