Bitcoin contract open interest reaches $74.557 billion, setting a new all-time high

Coinglass data shows that the total open interest in Bitcoin contracts across the network has risen to $74.557 billion, setting a new all-time high, surpassing the levels during the two previous peaks on December 18, 2024 ($71.852 billion) and January 22, 2025 ($69.568 billion).
The funding rates for Bitcoin contracts on major centralized and decentralized trading platforms are generally neutral.
Liquidation data from Bitcoin trading platforms indicates that if the Bitcoin price breaks through $109,028, the cumulative short liquidation intensity will reach $2.181 billion; if it falls to $104,921, the cumulative long liquidation intensity will be approximately $2.206 billion.
Additionally, statistics show that in the past 24 hours, there were $250 million in liquidations across the network, with $115 million in long liquidations and $134 million in short liquidations.