Open interest in bitcoin futures hits a record $5.8 billion

Open interest (OI) in bitcoin futures has reached a record high, at $5.8 billion. Data from analytics firm Skew show this.

The market leader remains the OKEx exchange with $1.3 billion in open positions. Behind it are BitMEX and Huobi with $1.08 billion and $0.77 billion, respectively.

OKEx also leads the daily trading volume, at $4.74 billion. Huobi and Binance follow with $4.6 billion and $4.54 billion respectively.

On Monday, 17 August, total bitcoin futures trading volume exceeded $20 billion for the first time in a week. This figure remains half of the level reached on July 27, when total volumes exceeded $40 billion.

OI on the Chicago Mercantile Exchange surpassed $940 million, but trading volumes remain half the levels seen at the end of July.

Earlier, the previous record at $5.5 in open interest was recorded on August 4.

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