#ShareYourThoughtOnBTC The aggregate open interest in Bitcoin futures has surged to a record high of $72 billion, marking an 8% increase from $66.6 billion the previous week. This growth is primarily driven by institutional investors, with the Chicago Mercantile Exchange (CME) leading at $16.9 billion in BTC futures, followed by Binance at $12 billion.

Notably, approximately $1.2 billion in short positions are concentrated between the $107,000 and $108,000 price levels. A breakout above this range could trigger significant liquidations, potentially propelling Bitcoin to new all-time highs.