Bitcoin open interest increased by more than 20,000 BTC in a single day

the open interest of Bitcoin futures increased by more than 20,000 BTC in one day, marking the largest single-day increase since June 3. The total open interest of Bitcoin futures has reached $42.6 billion. High open interest may lead to increased volatility, especially as contracts approach expiration. Traders may be eager to close out, roll over or adjust positions, which could cause significant price fluctuations.