Open Positions in Bitcoin (BTC) Futures Exceeded $ 5 Billion!
Perhaps the most convincing among the arguments to be raised about the increased interest for Bitcoin (BTC) and other cryptocurrencies may be the interest in futures contracts. According to the report by The Block, the value of open positions in Bitcoin futures has reached a level that is hard to reach. It can be said that this was triggered directly by Bitcoin exceeding $ 10,000.
As of February 13, it is stated that the value of total open positions has exceeded 5 billion dollars. An open position can be basically expressed as a futures contract that has not yet been concluded. The increased interest in this naturally means that the interest in BTC has also increased.