Bitcoin Futures Open Interest Hits Record High of 593,400 BTC, Signaling Increased Market Volatility

According to recent data from Coinglass as of November 6th, the aggregate open interest for Bitcoin futures contracts across all platforms has surged to 593,400 BTC, equating to around $43.855 billion. This marks a substantial daily increase of 9.03%, achieving a historic peak. The Chicago Mercantile Exchange (CME) leads with the highest open interest, featuring 162,400 BTC—or roughly $11.989 billion. Following closely is Binance, which has an open interest of 124,500 BTC (approximately $9.195 billion). This elevated level of open interest signals potential for heightened market volatility as contract expirations draw near. Traders may find themselves prompted to either liquidate positions or roll over contracts, which is likely to instigate significant price movements within the Bitcoin market.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

Metaplanet Launches Bitcoin Japan Co., Ltd. and U.S. Subsidiary to Expand Bitcoin Media, Events and Revenue

Metaplanet announced on September 17 the incorporation of Bitcoin...

Bitcoin Reacts to Fed Dot Plot: Banks Split Over Whether Three Rate Cuts Are Coming

Federal Reserve officials will release the updated interest rate...

Binance to Delist NXPC/BNB and HUMA/BNB Spot Pairs on Sept 19, 2025 — BNB Trading Still Available via Other Pairs

COINOTAG News reported on September 17 that Binance announced...

$LBTC listed on Bybit spot

$LBTC listed on Bybit spot

$SKY listed on Hyperliquid futures

$SKY listed on Hyperliquid futures
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img