Bitcoin Futures Open Interest Reaches $54.82 Billion, September Options Max Pain Concentrated in the $70,000–$73,000 Range
Source:
news.bitcoin.com
Odaily News: Total Bitcoin futures open interest stands at 695,020 BTC, valued at $54.82 billion, down 0.26% in the past hour and 0.38% in the past 4 hours, but still up 1.15% over the past 24 hours. Binance holds 142,500 BTC, worth $11.24 billion, accounting for 20.5% of the total.In Deribit Bitcoin options open interest, call options hold 288,409.93 BTC, accounting for 60.89%; put options hold 185,234.42 BTC, accounting for 39.11%. Over the past 24 hours, put options accounted for 54.49% of trading volume, with 12,380.77 BTC traded, surpassing call options at 10,339.78 BTC.Data from Deribit, Binance, and OKX shows that the max pain points for options expiring on September 25 are concentrated around the $70,000–$73,000 range. As of 7:00 PM ET on August 30, the spot price of Bitcoin was $78,425, with futures positions remaining elevated. (Bitcoin.com News)