On November 17, data from Coinglass showed that the total open position of Bitcoin futures contracts across all networks was 602,700 BTC (around US$55.11 billion). The CME Bitcoin cont
ract had the highest open position at 197,600 BTC (about $18.039 billion), while Binance’s open interest in Bitcoin contracts was 118,200 BTC (around $10.814 billion), ranking second.