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Derivatives Derivatives Options OI Byexchange 1 Derivatives Options OI Byexchange 1

Bitcoin

This tracks the total open interest in Bitcoin options contracts, measured in BTC.

Why it matters

Open interest reflects the total outstanding options positions, a gauge of leverage and speculative commitment.

How it is built

The aggregate value of unsettled options contracts across exchanges is expressed in BTC.

What to watch

Rising open interest signals building leverage and higher squeeze risk; falling open interest signals deleveraging.

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