The total contract open interest across the network recently experienced the largest single-day increase since July of last year.

BTC-0.05%
ChainCatcher reports that, according to Glassnode, the total open interest in contracts across the network has reached its largest single-day percentage increase since 2025. As Bitcoin's price tests $69,400, leverage has significantly expanded. This phenomenon aligns with speculators heavily betting on Bitcoin surpassing $70,000, but ultimately failing to realize that expectation.
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