Bitcoin Contract Holdings Drop Below $40 Billion

According to BlockBeats, on October 22, Coinglass data revealed that the total Bitcoin contract holdings across the entire network decreased by 2.56% in the past 24 hours, now standing at $39.72 billion, falling below the $40 billion mark. The CME platform, which holds the largest amount of Bitcoin contracts, experienced the most significant decline, with a decrease of 5.2% in the past 24 hours.