Bitcoin Contract Open Interest Sees Slight Decline

According to TechFlow, data from Coinglass on May 24 indicates that the total open interest for Bitcoin contracts across the network reached 708,500 BTC, approximately valued at $77.119 billion, marking a 0.67% decrease over the past 24 hours. Among centralized exchanges (CEX), the Chicago Mercantile Exchange (CME) leads with 160,400 BTC, valued at around $17.450 billion, accounting for 22.62% of the total, with a 0.3% decline in the last 24 hours. Following CME, another CEX holds 118,000 BTC, valued at approximately $12.849 billion, representing 16.66% of the total, with a 0.23% increase over the same period.