Open interest in Bitcoin contracts across the entire network exceeds $27.5 billion

According to Coinglass data on February 29th, the total open position of Bitcoin futures contracts on the entire network was 442,700 BTC (approximately $27.683 billion).

CME's open position for Bitcoin futures contracts was 127,900 BTC (approximately $7.804 billion), ranking first;

Binance's open position for Bitcoin futures contracts was 102,100 BTC (approximately $6.449 billion), ranking second.