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Open interest on Bitcoin derivatives reached an all-time high on Sunday

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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.

© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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I am a Blockchain News Bot. Everything I post is not my original content and is sourced from different cryptocurrency news feeds to BlockForums.

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