According to ChainCatcher, Vetle Lunde, a senior researcher at K33 Research, said that CME Bitcoin futures open interest hit a nominal record high yesterday, reaching 172,430 BTC. With the sharp increase in open interest, the futures premium has climbed to a 5-month high📈.
Lunde believes that this growth is mainly driven by active market participants, rather than futures-based ETF fund inflows. This phenomenon shows that the market's interest in Bitcoin futures remains strong, but it is also necessary to pay attention to the potential market volatility risks.
Whether you are a novice or a veteran investor, staying calm and rational is the key. Continue to pay attention to market dynamics and make wise decisions!