Bitcoin futures open interest has fallen sharply since the flash crash on October 11th, and is now at $684.7 billion.

律动Oct 19, 2025
On October 19, according to Coinglass data, the total Bitcoin futures contract open interest was 640,840 $BTC (approximately $68.47 billion), a decrease of approximately 27.2% from the historical high of $94.12 billion on October 7.

In addition, the total Ethereum futures contract open interest is currently reported at $42.25 billion, a decrease of nearly 40% from the historical high of $70.13 billion on August 23.

The synchronous decline in market prices and open interest usually indicates that traders lack confidence in the current market direction and choose to wait and see or reduce leveraged positions. Once the open interest of futures contracts rises, it usually brings greater market volatility. [律动]

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Bitcoin futures open interest has fallen sharply since the flash crash on October 11th, and is now at $684.7 billion.

律动Oct 19, 2025
On October 19, according to Coinglass data, the total Bitcoin futures contract open interest was 640,840 BTC (approximately $68.47 billion), a decrease of approximately 27.2% from the historical high of $94.12 billion on October 7.

In addition, the total Ethereum futures contract open interest is currently reported at $42.25 billion, a decrease of nearly 40% from the historical high of $70.13 billion on August 23.

The synchronous decline in market prices and open interest usually indicates that traders lack confidence in the current market direction and choose to wait and see or reduce leveraged positions. Once the open interest of futures contracts rises, it usually brings greater market volatility. [律动]

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