According to recent data from Coinglass, total Bitcoin contract holdings across the network have surged to $34.827 billion, marking a 12.6% increase over the past week. This significant uptick reflects growing investor interest and activity in the Bitcoin derivatives market.

Key Takeaways

• Current Holdings: $34.827 billion
• Weekly Increase: 12.6%

This rise in contract holdings indicates a strengthening sentiment among traders and investors, suggesting confidence in Bitcoin’s market performance as it continues to be a focal point in the cryptocurrency landscape.

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