[On the eve of the storm? Bitcoin contract open interest soared to $53.5 billion, setting a new record!
Market sentiment has reached full, and the Bitcoin futures market is accumulating enough energy to shake the entire network!
The latest on-chain data shows that as of April 5, the total Bitcoin futures contract open interest (OI) was as high as 638,900 BTC, equivalent to $53.5 billion, setting a new interim high and releasing an extremely strong volatility signal!
According to the platform distribution:
CME (Chicago Mercantile Exchange) contract positions are as high as 140,500 BTC (≈ $11.76 billion), traditional institutions are unprecedentedly active, and U.S. capital is deeply involved;
The exchange followed closely behind, with an open position of 106,400 BTC (≈ $8.91 billion), and the game between retail investors and quantitative funds intensified;
The positions of other platforms are widely distributed, and leverage risks and market momentum are rising simultaneously.
What does this mean?
Leverage is piled up to the limit, and price fluctuations may be imminent;
Whether it is a sudden increase or a crash, the market is very likely to show a "waterfall" trend;
Big fish are lurking among them, and the market is at a critical detonation point!
Remind all comrades:
Now is not the time to hesitate, **The final game of long and short games is about to be staged! **Controlling positions and formulating strategies are the invincible way to face the bull market frenzy!
Are you ready to welcome this market-level earthquake?
#PDA. #EOS重大利好 #furures #LTC/USD #sol