Bitcoin Contract Holdings Drop 5.53% in 24 Hours

The total value of Bitcoin (BTC) contracts held across exchanges has decreased by 5.53% over the past 24 hours, according to data from Coinglass.

This marks a significant reduction in the overall holding of BTC contracts, with the current total value standing at $545.73 billion.

The major exchanges that contribute to this total are Binance, OKX, Bybit, and Gate, which account for $113.74 billion, $27.84 billion, $51.3 billion, and $46.88 billion in contract holdings respectively.