Open interest in Bitcoin$BTC

futures has climbed to a record-breaking $72 billion, representing an 8% rise from $66.6 billion the previous week. The surge is largely fueled by institutional investors, with the Chicago Mercantile Exchange (CME) leading the pack at $16.9 billion, followed by Binance with $12 billion in $BTC futures.


Of particular interest, around $1.2 billion in short positions are concentrated between the $107,000 and $108,000 price levels. If Bitcoin manages to break through this range, it could trigger widespread liquidations—potentially driving the cryptocurrency to fresh all-time highs.