Bitcoin Open Interest Breaks $80B as Traders Eye New ATHs
Reading Time: < 1 minute
Bitcoin futures open interest has smashed records, surpassing $80 billion as traders position for a potential rally to fresh all-time highs.
The 30% surge in OI since May 1, per CoinGlass, highlights growing confidence in BTC’s upward trajectory.
Open interest measures active futures contracts, reflecting the intensity of market speculation.
While high leverage can lead to liquidations and volatility, robust spot Bitcoin ETF demand—with $2.5 billion inflows this week—may counterbalance derivative risks, reinforcing bullish momentum.
Follow and like us on
