Bitcoin (BTC) futures and perpetual contract open interest has surged to an all-time high of $44.6 billion ahead of the monthly expiration, according to DL News, citing CryptoQuant data. Despite a recent pullback from its all-time high above $123,000, most traders are holding long positions. Slightly positive funding rates across major exchanges reflect continued confidence in further upside.
Analysis: BTC futures open interest hits record high as long bets rise
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