Bitcoin Futures Open Interest Reaches $43.78 Billion Across Exchanges
Data shows $43.78 billion in Bitcoin futures positions totaling 651,350 BTC, with max pain levels clustering between $75,000 and $120,000 across major trading platforms.
BTC
Summary
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Terms & Concepts
Futures Open Interest: The total value of outstanding futures contracts that have not yet been settled or closed.
Max Pain Level: The price level at which the largest number of options (calls and puts) would expire worthless, causing maximum loss to option buyers.
BTC: The ticker symbol representing Bitcoin, the first and largest cryptocurrency by market capitalization.