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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
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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.

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