BTC perpetual swaps open interest surging

The BTC perpetual swap open interest is climbing towards previous highs, currently sitting at 251,000 BTC, accounting for 66% of the futures OI.
Source: Laevitas, Skew, Coingecko, Tradingview

Yesterday, we saw a sharp rise in the BTC denominated open interest in perpetual swaps, growing 5.3% from 239,000 BTC to 251,000 BTC.

The open interest surged the most at FTX (+11%) and Bybit (8.5%).

Link copied to clipboard.