CME Bitcoin Open Interest Increases by 850 Contracts This Week

2021-5-22 17:34

Black Wednesday ended up wiping out more than $7.5 billion in Bitcoin open interest and is currently at levels last seen in early February.

With almost all the 2021 uptrend retracted by the market and billions of dollars cleared out in liquidations, it makes sense that the OI would also get more than halved.

This substantial deleveraging in futures markets has the CME’s market share in open interest in Bitcoin futures rising from 11.74% on April 18 to now surpassing 14% though it is still down from almost 19% on Jan. 9, 2021.

CME is currently in second place with $1.72 billion or 45.98k BTC in OI, followed by Binance’s $2.13 billion or 57.87k BTC, as per Bybt.

Binance’s market share has been as high as 21.74% on May 18 and is currently at 17.85%. OKEx, whose market share was just over 30% at the end of April 2020, is currently at a mere 11.55% and in 3rd place with 39.23k BTC ($1.45 billion), as per The Block data.

Interestingly, for the week ending May 21st, 2020, total open interest for CME Bitcoin increased by 850 contracts as spot prices tumbled from their ATHs.

Leveraged Funds on CME increased their long positions, but their positioning is about as net-short as it has ever been, as per Market Science.

Non-Reportable long positioning has plunged to its lowest levels since early 2019, while Other Reportable positioning remains close to record net-long levels with virtually no short exposure.

As for Ether, whose price tumbled 55% to $1,900 and is currently trading around $2,350, the OI has gone down to $5.78 billion from the high of $11.6 billion on May 10.

At 429.75k ETH in open interest ($1.01 billion), Binance is leading the ether futures market as well followed by FTX, Bitfinex, and Huobi at 345.66k ETH ($809.33 million), 336.16k ETH ($787.09 million), and 317.94k ETH ($744.42 million) respectively.

Unlike the Bitcoin futures market, CME has yet to gain a top position here as it is at the lower end of the top 10 with only 175.29k ETH in OI worth $410.43 million.

Bitcoin BTC $ 38 182.51 +2.65% Ethereum ETH $ 2 349.75 -4.51% Tether USDT $ 1 -0.03% The post CME Bitcoin Open Interest Increases by 850 Contracts This Week first appeared on BitcoinExchangeGuide.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Bitcoin Interest (BCI) на Currencies.ru

$ 0.0055889 (+126.01%)
Объем 24H $11
Изменеия 24h: 105.15 %, 7d: 31.78 %
Cегодня L: $0.0024749 - H: $0.0055889
Капитализация $102.428k Rank 1809
Доступно / Всего 18.327m BCI / 22.3m BCI

out bitcoin open interest dollars uptrend all

Источник: bitcoinexchangeguide.com

out bitcoin → Результатов: 126


Bitcoin Finally Breaks Out From Its Consolidation Pattern

On Oct 8, Bitcoin (BTC) broke out from a month-long consolidation pattern. While there is still resistance left to clear, it is very likely that the trend is bullish. Bitcoin Breaks Out from Triangle On Oct 8, the Bitcoin (BTC) price began an upward move that caused it to break out from a symmetrical triangle […] The post Bitcoin Finally Breaks Out From Its Consolidation Pattern appeared first on BeInCrypto.

2020-10-9 10:44


Bitcoin re-lending or rehypothecated systemic risk is overblown and not assertive in the market, claims Su Zhu

Crypto derivatives market is an essential part of the virtual asset ecosystem as it represented around $2.5 trillion markets in Q1 2019. In the recent Invest Asia 2019 event in Singapore, Su Zhu, CEO at Three Arrows Capital shed light on the derivatives market and listed out various use-cases that have developed over time from […] The post Bitcoin re-lending or rehypothecated systemic risk is overblown and not assertive in the market, claims Su Zhu appeared first on AMBCrypto.

2019-9-23 01:39


Фото:

CME рассказала о сроках запуска опционов на bitcoin

Опционы на базе bitcoin-фьючерсов появятся на Чикагской фондовой бирже (CME) в начале 2020 года. Сообщение об этом появилось на сайте CME Group. Get ready for options on #Bitcoin futures, launching in Q1 2020 from CME Group.

2019-9-21 19:47


Фото:

CME запустит опционы на bitcoin-фьючерсы в начале 2020 года

Опционы на базе bitcoin-фьючерсов появятся на Чикагской фондовой бирже (CME) в начале 2020 года. Сообщение об этом появилось на сайте CME Group. Get ready for options on #Bitcoin futures, launching in Q1 2020 from CME Group.

2019-9-20 19:47


CME Group запустит биткоин-опционы в начале 2020 года

Чикагская товарная биржа (CME Group) объявила, что запустит опционы на базе существующих биткоин-фьючерсов в первом квартале 2020 года. Get ready for options on #Bitcoin futures, launching in Q1 2020 from CME Group.

2019-9-21 17:49


Фото:

North Korea’s cryptocurrency is most likely bullshit — just like its conference

North Korea is supposedly preparing to develop its own cryptocurrency to dodge the strict international sanctions crippling its economy, VICE News reports. The project was announced by Alejandro Cao de Benos, the head of “Korean Friendship Association,” a group that seeks to promote international relations with the Democratic People’s Republic of Korea (DPRK).

2019-9-19 15:56


Фото:

Tiny Block Advocates Speak Up After Veriblock ‘Abuses’ Bitcoin’s Block Size

The BTC community recently celebrated the fact that Segregated Witness (Segwit) transactions accounted for 50% of transactions and bech32 transactions doubled as well. However, the celebration quickly came to an end when a few Bitcoin Core developers found out where the transactions derived from and got upset at the Veriblock project for using scarce block […] The post Tiny Block Advocates Speak Up After Veriblock ‘Abuses’ Bitcoin’s Block Size appeared first on Bitcoin News.

2019-9-19 03:20


дальше еще 77 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru