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Open Interest In Bitcoin Futures Set A One-Month High With $13.1B

Mary Liu

Summary: According to the data from Skew, the total dollar value of Bitcoin futures open positions has climbed to $13.1 billion, the highest level since May 19th.  Open positions are often regarded as a measure of market activity. A report from Arcane Research stated that the crypto market is rebounding.  However, this amount is still less ...

According to the data from Skew, the total dollar value of Bitcoin futures open positions has climbed to $13.1 billion, the highest level since May 19th. 

Open positions are often regarded as a measure of market activity. A report from Arcane Research stated that the crypto market is rebounding. 

However, this amount is still less than half of the peak of $27.4 billion reached in mid-April, when the price of Bitcoin hit an all-time high of nearly $65K.

By Mary Liu

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