$29B Bitcoin Bets Are Back – One Exchange Now Dominates 73%
May 20, 2026 · 7:53 PM
TL;DR: Open interest peak: The total value of active Bitcoin futures contracts reached $29 billion on May 5. Binance dominance: The platform led the derivatives market activity with an open interest of $9.03 billion. Long positions rising: The increase in market exposure coincided with a price movement toward $83,000. The $29 billion bets on Bitcoin ... Read more
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