The total network contract open interest recently recorded the largest single-day increase since July last year

By: rootdata|2026/03/04 10:43:30
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According to glassnode, the total open interest across the network has reached the largest single-day percentage increase since 2025. As the price of Bitcoin tests $69,400, leverage has significantly expanded. This phenomenon aligns with the situation where speculators heavily bet on Bitcoin's price breaking through $70,000 but ultimately failed to realize it.

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