Bitcoin Futures Open Interest Plunges to $56.6 Billion

Bitcoin futures open interest has plummeted to $56.6 billion, following a sharp decline at the start of 2025. Despite initial signs of recovery, the total open interest for Bitcoin (BTC) has failed to regain its momentum and has reverted to its November all-time high.

Bitcoin Open Interest Downhill Trend

According to recent data, Bitcoin open interest reached its lowest level in two months on January 1, totaling $56.03 billion. Although it briefly showed signs of recovery, reaching slightly above $57 billion, it has since dropped to $56 billion.

Throughout December, Bitcoin’s total open interest had been reaching new heights, with a recent all-time high of $68.13 billion on December 18. The Chicago Mercantile Exchange (CME) was the largest contributor, with $22.7 billion in open interest.

Understanding Bitcoin Open Interest

Bitcoin open interest is a key metric used to measure the amount of futures contracts tied to BTC employed through crypto exchanges. A higher interest level indicates greater demand and liquidation for the crypto asset.

Current Market Trends

At present, Bitcoin open interest remains below the $60 billion threshold, having returned to its previous all-time high of $57 billion on November 22. The current data shows no signs of an imminent recovery.

Breakdown of the current Bitcoin futures open interest contributors:

  • CME: 29.4% ($16.7 billion, 172,650 BTC)
  • Binance: 21.3% ($12.3 billion, 126,770 BTC)
  • Bybit: 13.5% ($7.83 billion)

“The decrease in Bitcoin open interest may be an indication of a decrease in market volatility and investor confidence.”

As the cryptocurrency market continues to evolve, it is essential for investors to stay informed about the latest trends and developments. For more news and updates on the cryptocurrency market, visit Global Crypto News.

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