Blog

Home News After the “1011” crash, the open interest of major coins’ futures contracts has remained at a six-month low across the entire network.

After the "1011" crash, the open interest of major coins' futures contracts has remained at a six-month low across the entire network.

After the “1011” crash, the open interest of major coins’ futures contracts has remained at a six-month low across the entire network.

BlockBeats News, October 16, according to Coinglass data, after the “1011” crash, the total open interest of mainstream coin perpetual contracts has remained at a near six-month low, corresponding to the low open interest state observed in mid-May of this year. Specifically:

The Bitcoin coin-margined contract open interest dropped from 741,500 to 645,600 on October 10;

The Ethereum coin-margined contract open interest dropped from 13,535,000 to 11,674,500 on October 10;

The SOL coin-margined contract open interest dropped from 67,147,500 to 52,779,300 on October 10;

The BNB coin-margined contract open interest dropped from 2,153,000 to 1,784,000 on October 10.

Related articles