Jan 18th 2021
Open interest in the futures market still sees new highs
The open interest in the bitcoin futures market has reached the double-digit billions lately.
On January 14th, the
open interest in the bitcoin futures market reached $13.1 billion. That’s a growth of 203% in the last three months.
In the same three months, the bitcoin price has grown by 221%, implying that the open interest in terms of bitcoin has declined.