{"id":30575,"date":"2020-10-23T11:07:33","date_gmt":"2020-10-23T08:07:33","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=30575"},"modified":"2025-08-27T22:59:42","modified_gmt":"2025-08-27T19:59:42","slug":"open-interest-in-bitcoin-options-hits-a-record-as-bitcoin-rallies-to-13000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/open-interest-in-bitcoin-options-hits-a-record-as-bitcoin-rallies-to-13000\/","title":{"rendered":"Open Interest in Bitcoin Options Hits a Record as Bitcoin Rallies to $13,000"},"content":{"rendered":"

Against the backdrop of Bitcoin’s first breach of the $13,000 mark, total open interest (OI) in Bitcoin options hit an all-time high.<\/p>\n

The chart below shows that on October 22 the figure crossed the $2.5 billion threshold.<\/p>\n

\"Open<\/p>\n

Data: skew<\/a>.<\/p>\n<\/div>\n

As before, the highest activity is concentrated on Deribit. The total open interest on this platform stands at $1.9 billion, on the regulated CME exchange \u2014 $348 million.<\/p>\n

The Deribit share in aggregate trading volume is close to 80%.<\/p>\n

\"Share<\/p>\n

Data: skew.<\/p>\n<\/div>\n

There is also a notable uptick in the Bitcoin futures market. Aggregated open interest in this segment has reached $5 billion.<\/p>\n

\"Open<\/p>\n

Data: skew.<\/p>\n<\/div>\n

Notably, CME\u2019s open interest surpassed Binance\u2019s for the first time. This may indicate rising interest in Bitcoin among large players.<\/p>\n

\"Open<\/p>\n

Data: skew.<\/p>\n<\/div>\n

On October 21 there was a notable spike in futures trading volume for the leading cryptocurrency.<\/p>\n

\"Open<\/p>\n

Data: skew.<\/p>\n<\/div>\n

The most active turnover is shown by Binance\u2019s futures platform. BitMEX ranks fourth by trading volume.<\/p>\n

\"Open<\/p>\n

Data: skew.<\/p>\n<\/div>\n

Earlier Arcane Research expressed the view<\/a> that the decline in BitMEX\u2019s share would benefit the crypto-derivatives market.<\/p>\n

Subscribe to ForkLog news on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

With Bitcoin’s first breach of the $13,000 mark, total open interest in Bitcoin options reached a record high.<\/p>\n","protected":false},"author":1,"featured_media":30576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1168,1409],"class_list":["post-30575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crypto-derivatives","tag-deribit"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=30575"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30575\/revisions"}],"predecessor-version":[{"id":30577,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/30575\/revisions\/30577"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/30576"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=30575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=30575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=30575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}