Open interest on Bitcoin derivatives reached an all-time high on Sunday
Sunday saw a new record for aggregated open interest on Bitcoin futures and options reached, according to data compiled by The Block Research.
Bitcoin’s aggregated open interest futures reached $10.7 billion on January 3. OKEx reported the most in terms of aggregated open interest, encompassing 17.7%. Next were CME at 16.7% and Binance at 16.2%.
Open interest options also reached a peak of $7.96 billion. The majority of options activity was on Deribit, accounting for 82% of the reported activity.
This report has been corrected to account for the time frame of the data provided in the graph.
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