Rewards Hub K33 Research's Head, Vetle Lunde, reported a significant increase in the nominal open interest of Binance's BTCUSDT perpetual contracts. Over the past four hours, the open interest surged by 7,547 BTC, marking the largest four-hour increase since 2023. This development highlights heightened trading activity and interest in Bitcoin derivatives on the platform.
Binance BTCUSDT Perpetual Contracts See Record 7,547 BTC Open Interest Surge
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