As of April 2nd, recent data from Coinglass reveals that the total open interest in Bitcoin futures contracts has reached a significant 636,540 BTC, equivalent to approximately $53.86 billion. This figure underscores the robust demand for cryptocurrency derivatives within the market. Leading the charge, the Chicago Mercantile Exchange (CME) holds the largest share of Bitcoin futures, with an impressive open interest of 137,350 BTC, or about $11.61 billion. Following closely is Binance, which records an open interest of 103,330 BTC, translating to roughly $8.75 billion. These statistics not only highlight the performance of Bitcoin but also reflect the overall health of the crypto trading landscape. Investors and traders alike are closely monitoring these figures as they iterate on their trading strategies in a rapidly evolving market.
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