Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The total open positions of Bitcoin contracts across the network have fallen by about 30% from the peak earlier this year, and liquidity and speculative intensity are declining.

On November 18, according to Coinglass data, the total open interest for Bitcoin futures contracts across the network is 737,540 BTC (approximately 6.654 billion USD), down about 30% from the peak of 9.412 billion USD on October 7. A decrease in open interest for futures contracts usually indicates a decline in the overall interest of market participants, liquidity of funds, and intensity of speculation, which typically leads to reduced market fluctuations.

BTC-4.53%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)