Odaily Planet Daily News According to data tracked by Coinglass and Velo Data, Binance's BTC-USDT futures open interest has increased by about 7,000 BTC ($614.6 million) since early Asian trading. In addition, Binance's funding rate has remained positive, indicating that investors prefer leveraged bullish (long) bets. In addition, the open interest of Bitcoin futures contracts across the network is 657,100 BTC (about $57.56 billion), an increase of 9.31% in the past 24 hours, and the open interest has rebounded by about 25% from last week's low of about $46 billion. The sharp increase in holdings indicates that Bitcoin traders are abandoning their wait-and-see attitude and entering the market, market demand is increasing, and prices are about to usher in greater fluctuations. (CoinDesk)