Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin futures open interest jumps 5.92% to $57.6B as leverage builds near $78K price

Market News
01 May 2026
Blockonomi
View Source
Neutral
pluang ai news

Bitcoin futures open interest rose 5.92% to $57.621 billion, signaling increased leverage and positioning across major exchanges like Binance, Gate, Bybit, and OKX. Despite Bitcoin's stable price near $78,000, the surge in futures exposure suggests traders are preparing for a potential volatility breakout. Historically, open interest near $60 billion precedes sharp price moves and liquidation events, indicating the market is in a compressed state awaiting a directional shift. This broad-based leverage buildup across exchanges points to systemic risk rather than isolated speculation.

More News (BNB)

David Hoffman explains why he sold Ethereum, citing its shift from monetary asset to network infrastructure.

David Hoffman explains why he sold Ethereum, citing its shift from monetary asset to network infrastructure.

David Hoffman, co-founder of Bankless, revealed he sold his Ethereum (ETH) holdings because the 'ETH is Money' thesis has ended. He remains optimistic about Ethereum's network but believes the ETH token failed to capture enough value as the ecosystem...

Market News
Bearish
6 hours ago
Bitcoin exchange reserves rise as European trading volume surges, signaling potential market shifts.

Bitcoin exchange reserves rise as European trading volume surges, signaling potential market shifts.

Bitcoin trading volume surged during the European session, overtaking Asia and the U.S., with Binance and other major exchanges seeing significant inflows. Total Bitcoin reserves on centralized exchanges rose to about 2.47 million BTC, with steady ne...

Market News
Neutral
10 hours ago
XRP holds key support above $1.31 despite heavy Binance sell pressure, signaling market resilience.

XRP holds key support above $1.31 despite heavy Binance sell pressure, signaling market resilience.

XRP faced intense selling pressure on Binance on May 23 but managed to hold above its April support zone around $1.31, showing strong market resilience. Despite a deeper sell volume than in early April, buyers absorbed the pressure, preventing a brea...

Market News
Neutral
17 hours ago
UK sanctions major crypto exchange HTX over ties to Russian networks, freezing assets and blocking payments.

UK sanctions major crypto exchange HTX over ties to Russian networks, freezing assets and blocking payments.

The UK government has imposed sanctions on Huobi Global S.A., operator of the HTX exchange, accusing it of facilitating financial services for Russian-linked networks evading Western sanctions. These sanctions include asset freezes and bans on paymen...

Market News
Bearish
18 hours ago
Pi Network gains US-regulated exchange listings on Kraken and OKX, but Binance and Coinbase remain hesitant.

Pi Network gains US-regulated exchange listings on Kraken and OKX, but Binance and Coinbase remain hesitant.

Pi Network's token PI was listed for spot trading on Kraken in March 2026, marking its first major US-regulated exchange listing, followed by OKX opening US access in May 2026. These listings significantly improve PI's legitimacy and liquidity in the...

Market News
Bullish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App