TechFlow reported on October 16 that according to Coinglass data, the total open interest in Bitcoin futures contracts across all exchanges has surpassed $38 billion, currently standing at $38.351 billion. This represents a 1.07% increase over the past 24 hours and brings the figure close to the all-time high of $39.031 billion set on March 29 this year. The growth was primarily driven by the CME platform, which saw its open interest rise by 5.87% over the past 24 hours, while Binance recorded a 1.27% decline during the same period.
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