In just over three months since its launch, CME Group's XRP futures have broken through the $1 billion mark in unpositioned squaring contracts, faster than Solana futures. The total amount of unpositioned squaring contracts in CME Group's cryptocurrency futures portfolio now exceeds $30 billion.
Bitcoin options data shows that traders are now targeting higher price ranges, with Deribit exchange unpositioned squaring contracts clearly focused on call-over 115,000 and $120,000 call options, longer term late September and December expiration options, unpositioned squaring contracts have been extended to 140,000 and $150,000 call-over prices. Chris Newhouse, Chief Research Officer at DeFi trading house Ergonia, said: "The options market is reflecting strong bullish sentiment, with the marke...
According to Coinglass data, the CME platform Bitcoin futures unpositioned squaring contract fell by 4.79% in 24 hours, reporting 177,300 BTC ($18.097 billion).
Bitcoin futures unpositioned squaring contracts have risen sharply since Trump's election victory on November 5. Data show that bitcoin futures unpositioned squaring contracts have risen from $39 billion on November 5 to the current $60.90 billion, indicating increased trading activity and market speculation. Bitfinex analysts said the increase in unpositioned squaring contracts appears to be a natural increase, driven by expectations of future price appreciation. Leverage accumulation is a comm...
According to coinglass data, the total number of unpositioned squaring contracts in bitcoin futures on the whole network was 514,600 BTC, worth about $29.53 billion, down 7.04% in 24 hours. CME ranked first with 135,660 BTC, accounting for 26.3%. Binance and Bybit ranked second and third, with 129,500 BTC and 80,550 BTC respectively. Over the past 24 hours, the volume of unpositioned squaring contracts for CME, Binance and Bybit has decreased by 5.81%, 5.91% and 11.83% respectively.
According to CCData data, as BTC and ETH basically remained range-bound in May, the combined spot and derivatives trading volume of centralized trading platforms fell by 20.1% to $5.27 trillion in May. However, the unpositioned squaring contracts of derivatives trading platforms increased by 30.5% to $55.20 billion. The unpositioned squaring contracts of the three major derivatives trading platforms Binance, OKX and Bitget increased by 33.2%, 22.1% and 39.2% respectively to $21.30 billion, $7.26...