The total Bitcoin contract holdings fell below $60 billion, down 11.89% from the peak

According to Coinglass data, the total open interest of Bitcoin futures contracts across the entire network has fallen below $60 billion, currently reporting at $59.97 billion, with a 24-hour decrease of 4.02%. Since Trump's victory on November 5th, the open interest of Bitcoin futures contracts has risen significantly, from $39 billion on November 5th to a record high of $68.1 billion on December 18th, indicating an increase in trading and market speculation. Today, the open interest of contracts has fallen below $60 billion, a decrease of 11.89% from the high point.