Bitcoin Futures Open Interest Drops 30% to 737,540 BTC (About $66.54B) per Coinglass Data

BTC

BTC/USDT

$65,707.93

+0.32%

$65,707.93

+0.32%

(24s)

24h Volume

$23,298,561,101.23

24h H/L

$66,025.52 / $63,030.00

Change: $2,995.52 (4.75%)

Long/Short

70.9%

Long: 70.9%Short: 29.1%

Funding Rate

-0.0012%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,274.58

▼ -0.91%

Volume (24h): -

Resistance Levels

Resistance 3$70,602.61

Resistance 2$68,166.32

Resistance 1$65,872.10

Price$65,274.58

Support 1$64,283.09

Support 2$62,510.28

Support 3$60,000.00

Pivot (PP):$64,776.70

Trend:Downtrend

RSI (14):37.3

COINOTAG News reported on November 18 that, according to Coinglass data, the total open interest in Bitcoin futures stands at 737,540 BTC, equating to roughly $66.54 billion. This marks a decline of about 30% from the October 7 peak of $94.12 billion, indicating a cooling backdrop for BTC futures activity.

In traditional futures analysis, a retreat in open interest often signals easing market participation, diminishing liquidity, and softer speculative pressure, which in turn can compress near-term volatility and narrow funding rates for cryptocurrency derivatives.

Share News:

Other Breaking News

BREAKING

March 2, 2026 at 12:45:55 PM UTC

$OPN added to Binance launchpool.

BREAKING

March 2, 2026 at 04:16:42 AM UTC

$KAT listed on Binance pre-market.

BREAKING

March 1, 2026 at 11:06:53 PM UTC

Bitcoin rose 0.7% in the first 5 minutes of the US Futures Market opening following the US-Iran conflict.

BREAKING