MSTR Contracts See Sharp Increase on Binance and Bitget

According to CoinGlass data, MSTR contract positions are gaining traction on major exchanges. Binance and Bitget lead the charge in terms of open interest, with a significant increase in trading activity over the past 24 hours.

The total open interest for MSTR contracts across all exchanges is approximately 1.014 million MSTR, corresponding to a value of $97.1223 million. This surge in demand has pushed Binance's open interest value to around $40.0673 million, with a notable 24-hour increase of 10.66%. Meanwhile, Bitget's open interest value has risen by 27.35% over the same period.

The data also highlights tradeXYZ as another significant player in MSTR contract trading, although its 24-hour decrease of 0.08% is a relatively minor blip on the radar.