Bitcoin contract open interest now stands at $68.47 billion

according to Coinglass data, the total open position of Bitcoin futures contracts on the whole network is 640,840 BTC (approximately 68.47 billion US dollars), which has dropped by about 27.2% from the historical high of 94.12 billion US dollars on October 7.

In addition, the total open position of Ethereum futures contracts on the whole network is now reported at 42.25 billion US dollars, a decrease of nearly 40% from the historical high of 70.13 billion US dollars on August 23.