Open interest on Bitcoin derivatives reached an all-time high in December
December was the best month on record for aggregated open interest on Bitcoin futures and options, according to data compiled by The Block Research.
Bitcoin’s aggregated open interest futures reached $8.89 billion in December. It grew $2.56 billion in December — a 40% increase from November. OKEx reported the most in terms of aggregated open interest, encompassing 17.2%. Next were CME at 16% and Binance at 15.4%.
Open interest options also reached a peak of $6.23 billion in December, increasing 37.5% from November. The majority of options activity was on Deribit at 80.4%, followed by OKEx at 6.75% and Bit.com at 5.71%.
© 2021 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: MK Manoylov
