The open interest of Deribit's Bitcoin perpetual futures has reached a new annual high of $740 million, the highest level since Bitcoin hit a historical high of over $68,000 in November 2021. The increase in open interest indicates that new funds are entering the market, meaning that participation and potential liquidity are constantly increasing.

According to data from Deribit, in the past 24 hours, the open contracts of Bitcoin options on Deribit have reached a historic high of over $15 billion, indicating higher liquidity and more market participants. Deribit's Chief Commercial Officer, Luuk Strijers, said, "The total amount of open contracts for Bitcoin options has exceeded that of Bitcoin futures for the first time, marking the maturity and increasing maturity of the market." Although higher open contracts may indicate greater interest in specific assets and increased market activity, it cannot provide information on market direction or general sentiment of bullish or bearish.

Data shows that the open interest of Bitcoin futures on the Chicago Mercantile Exchange (CME) has increased to 111,080 BTC, exceeding Binance's 107,290 BTC, becoming the largest exchange for open interest in Bitcoin futures. Gabor Gurbacs, a strategy advisor at VanEck, commented, "Institutions are already here, and this is just the beginning."