Cryptocurrency Q&A
Which exchange has the most open interest in BTC futures?
Which exchange has the most open interest in BTC futures?
Carlo
Mon Jul 15 2024
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6 answers
1450
As a keen observer of the cryptocurrency market, I'm particularly interested in understanding the dynamics of futures trading. Given the volatile nature of Bitcoin (BTC), I'm curious to know which exchange currently holds the most open interest in BTC futures. This metric is crucial as it indicates the level of investor confidence and sentiment in the market, potentially revealing insights into potential price movements. Could you elaborate on the exchange that currently holds the largest open interest in BTC futures, and perhaps provide some context on why this might be the case?
6 answers
IncheonBeauty
Wed Jul 17 2024
Binance, the offshore unregulated exchange, maintains its leading position with an impressive open interest of $3.83 billion.
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Michele
Wed Jul 17 2024
This figure surpasses the CME, a renowned financial institution, by 8%.
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Caterina
Tue Jul 16 2024
The CME's cash-settled futures contracts have recently achieved a historical milestone, surpassing the 100,000 BTC mark for the first time.
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BlockchainLegendary
Tue Jul 16 2024
This significant increase in open interest indicates a growing interest in BTC futures contracts among investors.
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CryptoAlchemy
Tue Jul 16 2024
The CME's share in the BTC futures market has also reached a new all-time high, accounting for 25% of the total market.
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