BNB Contract Holdings Soar to $3.088B All-Time High as Open Interest Reaches 2.3754M (24h +14.52%)

According to COINOTAG on October 7, Coinglass data shows aggregate BNB contract holdings rose to 2.3754 million contracts, with a combined market value exceeding $3.088 billion, marking a new all‑time high and a 24‑hour increase of 14.52%. The figures reflect aggregated open interest across monitored derivatives platforms.

On Binance specifically, reported BNB contract positions total 1.0486 million contracts, carrying a market value of approximately $1.358 billion, or roughly 44% of the aggregate open interest and valuation—highlighting concentration within exchange‑traded BNB derivatives.

From a market structure perspective, the expansion in BNB futures open interest signals elevated derivatives activity and liquidity; institutional and retail participants should monitor open interest, volume and funding rates to assess positioning and short‑term risk.