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Top asset management team helps you profit without hassle
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Bitcoin open contracts hit a historic high
[Bitcoin Open Interest Hits All-Time High] The total open interest for Bitcoin futures rose to a record $72 billion on May 20, up 8% from $66.6 billion a week earlier. “Institutional demand remains the primary driver of this leverage,” with the Chicago Mercantile Exchange (CME) leading at $16.9 billion, followed by CEX with $12 billion. CoinGlass estimates that the largest batch of liquidations in short positions is concentrated between $107,000 and $108,000, totaling approximately $1.2 billion.