Open interest in Bitcoin contracts across the entire network exceeds $29 billion, reaching a record high

According to Coinglass data on March 4th, the total open position of Bitcoin futures contracts on the entire network was 453,700 BTC (approximately US$29.021 billion), reaching a historical high.

Among them, the open position of CME Bitcoin contracts was 136,600 BTC (approximately US$8.722 billion), ranking first;

The open position of Binance Bitcoin contracts was 104,100 BTC (approximately US$6.66 billion), ranking second.