The total open interest of Bitcoin contracts on the entire network increased by 9.31% in 24 hours, and traders gave up waiting and entered the market

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MarsBit
03-24
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Mars Finance News, on March 24, according to Coinglass data, the total network Bitcoin futures contract open interest is 657,100 BTC (approximately $5.756 billion), with a 24-hour increase of 9.31%. The open interest has rebounded by about 25% from last week's low of approximately $46 billion. The significant increase in positions indicates that Bitcoin traders are abandoning their wait-and-see attitude and entering the market, with increased market demand suggesting imminent significant price fluctuations. Among these, the CME Bitcoin contract open interest is approximately $1.136 billion, ranking first; Binance Bitcoin contract open interest is approximately $967 million, ranking second.

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