Open Interest on CME Bitcoin Futures Hits All-Time High of $11.6B, Signals Further Bullishness

Then, in October 2023, CME saw the addition of 25,115 BTC, which coincided with CME becoming the largest futures exchange for the first time, overtaking Binance. Once again, in this period, from October to year-end bitcoin rose from approximately $25,000 to over $40,000.

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