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Bitcoin (BTC) Open Interest Jumps $2.3 Billion to 653,000 BTC

COINOTAG·October 2, 2026·1 min read
Bitcoin (BTC) Open Interest Jumps $2.3 Billion to 653,000 BTC

Bitcoin open interest jumped $2.3 billion to about 653,000 BTC as funding rates climbed from 3% to 10%, with $2.95 billion in options expiring Friday. The surge indicates heightened leveraged trading activity and market speculation, potentially leading to increased volatility around the options expiry.

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