Bitcoin Open Interest Today: Coinglass Snapshot

Do you know the total Bitcoin futures open interest is between $83.13 and $83.76 billion on Coinglass? That’s a big number. It shows a lot of derivative exposure, even when the market seems quiet.
This morning, I checked the live snapshot on Coinglass. I wanted to compare it with my charts. The Coinglass reports show a small increase in BTC futures open interest. It’s up about 1.08% to around $83.13 billion and $83.76 billion in different feed, showing a slight daily increase.
The price of Bitcoin has been moving between $117.5K and $124.45K. There was a drop after the U.S. PPI was announced. This drop led to big liquidations—about $225.75 million in total. The bulls lost $159.25M and the shorts $66.5M. Also, the trading volume surged to between ~$108 and $149 billion, depending on the source.
I want to mix this Coinglass snapshot with other market signals to help you. By using the Coinglass data, you can make better trade decisions. I compared Coinglass numbers with insights from Bitcoin.com News, CryptoQuant, and AmbCrypto. This helped me understand the market better.
Key Takeaways
- Coinglass shows total BTC futures open interest around $83.1–$83.8B, signaling significant leverage in the market.
- Small daily rises in open interest came alongside large intraday liquidations and elevated volume.
- Price range near $117.5K–$124.45K with post-PPI weakness suggests sensitivity to macro data.
- Combining Coinglass live metrics with CryptoQuant and Bitcoin.com News improves context for trading decisions.
- Use the Coinglass snapshot as a real-time gauge of market exposure, not as a sole entry signal.
Overview of Bitcoin Open Interest
I track open interest to see beyond just trading volume. Open interest counts futures and options that haven’t settled yet. This shows the positions that traders still care about. This helps me understand market moves better.
What is Bitcoin Open Interest?
Open interest is all the active contracts for derivatives out there. When traders open new positions, open interest goes up. It decreases when they close positions or when positions get liquidated.
I check CoinGlass and CryptoQuant for accurate numbers. CoinGlass often has data on the funding rate. A recent figure showed a funding rate of 0.0137%. This small number suggests a slight preference for buying, which is interesting.
Importance of Open Interest in Trading
Open interest is key for understanding market leverage and trader beliefs. If open interest and prices rise together, it usually means more people are buying. But if prices fall as open interest rises, it means more are betting on declines. Changes in open interest affect how I plan my trades.
Checking funding rates alongside open interest gives useful insights. Higher funding rates and rising open interest can lead to price squeezes. I also keep an eye on liquidations. A recent snapshot showed more shorts than longs getting liquidated, indicating the leverage’s impact.
How Open Interest Affects Price Movement
The basics are straightforward but impactful. New buyers increase open interest and can drive up prices. Closing or liquidating positions lowers open interest and raises market volatility. How margins and funding rates work can make these effects stronger.
For trading, it’s easy to see what to do. Combine price analysis with bitcoin data and funding info. Look for times when rising open interest aligns with price trends or points to potential risks. This approach is good for spotting likely market changes.
Metric | Recent Value | Relevance |
---|---|---|
OI-weighted funding rate (CoinGlass) | 0.0137% | Indicates buyers paying sellers; mild bullish bias |
Short liquidations (snapshot) | $24.28M | Shows squeeze events and volatility from shorts |
Long liquidations (snapshot) | $17.16M | Reflects losses from leveraged longs in pullbacks |
Aggregate liquidations | $225.75M | Measures overall unwind pressure across exchanges |
Recommended tools | CoinGlass, CryptoQuant, TradingView | Use for bitcoin data analysis tools and digital asset analysis |
Current Bitcoin Open Interest Data
I check derivatives data every day. CoinGlass and CryptoQuant offer a clear picture of market positions. This info helps me make smart trades and understand risks.
Today’s Statistics from Coinglass
Coinglass shows bitcoin futures’ open interest is between $83.13–$83.76 billion. Meanwhile, options’ interest is near $57.15 billion.
Trading had a spike in the last 24 hours. Volumes were between $108.16B and $149.47B. Options trading increased by about 127.92% to $9.43B. With total derivatives volume up about 65.37% to $149.47B, there’s more leverage and hedging. These numbers help me decide when to trade and how much to invest.
Historical Comparisons
Exchange netflow metrics since early August remind me of strong market rallies in the past. They’re similar to the pattern in 2017 and 2021 when growing interest led to price jumps.
The NVT Golden Cross dropped to 0.2709, down about 53.92%. This gauge of network activity versus market cap usually tightens before a market jump. I see this as a cue to monitor orders and derivatives more closely.
Insights from Recent Trends
Positive funding rates around 0.0137% and more derivatives trading suggest a mildly bullish market mood. Though short liquidations have beaten longs at times, big overall liquidations point to high market swings, often tied to big news like the PPI release.
When I pair CoinGlass data with blockchain insights and bitcoin analytics, things get clearer. Growing interest and volumes often mean the market is moving strongly. I use this to adjust my trading stops and hedges.
Metric | Recent Value | Change (Window) |
---|---|---|
Futures Open Interest | $83.13–$83.76B | +1–4% |
Options Open Interest | $57.15B | — |
24H Trading Volume | $108.16B–$149.47B | Surge; variable snapshots |
Options Volume (24H) | $9.43B | +127.92% |
Total Derivatives Volume | $149.47B | +65.37% |
Funding Rate (avg) | ~0.0137% | Positive |
NVT Golden Cross | 0.2709 | −53.92% |
Understanding Coinglass
I turn to Coinglass for a quick, clear view of derivatives movement across top exchanges. It combines data on futures and options, including open interest, funding rates, and more. This lets me understand market trends without hopping between exchanges.
Overview of Coinglass Features
Coinglass gives you dashboards for open interest and funding rates. It also shows liquidations and options data, plus charts for comparing data over time.
The updates are almost live, and you can see data for each exchange. This is great when you’re joining it with bitcoin analytics for a full market view.
How Coinglass Tracks Open Interest
Coinglass collects futures and options data from exchanges, combines it, and calculates metrics like OI-weighted funding. Remember, numbers might change between updates, so always check the timestamps.
Since Coinglass uses data from exchanges directly, sometimes there are minor mismatches. When making big trades, it’s smart to also use bitcoin analysis tools and live data for double-checking.
User Experience with Coinglass Tools
The Coinglass dashboards are easy to use for quick checks. It’s easy to filter charts by contract type or exchange. I first check open interest and funding rates, then liquidations and volume if the market gets wild.
This approach helps me see if moves are from new bets or forced sells. I use Coinglass with other crypto analytics to get a complete view before I change my investments.
Feature | What I Use It For | Practical Note |
---|---|---|
Aggregated OI Dashboard | Quick gauge of overall leverage | Check timestamps; small inter-exchange differences possible |
OI-Weighted Funding Tracker | Assess funding pressure across contracts | Pairs well with bitcoin data analysis tools for trade context |
Liquidations Monitor | Spot forced exits during sharp moves | Use with volume spikes to confirm cascade risk |
Options Volume & OI Breakdown | Analyze options flow and skew | Helpful for volatility and hedging decisions |
Historical Charts | Compare present snapshot to past regimes | Useful for longer-term pattern recognition |
Key Graphical Data
I check core charts on Coinglass to understand market structure. These visuals help me verify on-chain signals and short-term flows. They allow me to spot important patterns quickly using different timeframes.
Graph: Current Open Interest Levels
The total BTC futures open interest (OI) currently exceeds $83B, showing steady growth. Short-term jumps usually match with price changes in the $117K–$124K zone. I keep an eye on these movements.
I then examine OI at different exchanges. It shows me where the most leverage is and highlights imbalances. The exchange heatmap unveils these key details.
Historical Graphs of Open Interest
I compare today’s OI with the 2017 and 2021 bull markets. Looking at past OI lows and their growth can indicate upcoming market booms. I use August’s data to understand recent trends.
I also include the NVT Golden Cross data from CryptoQuant. A compressed signal near an OI low often leads to momentum.
Analysis of Graph Trends
Increasing OI with price shows more people are buying with leverage. Sudden drops in OI, with high trading volume, usually mean big sell-offs. For instance, a $225.75M liquidation happened after a PPI shock. I then compare funding rates and liquidations.
Some charting tips I follow:
- Use different time frames: 1‑day, 7‑day, 90‑day for better insight.
- Combine funding rate, volume, and price to make things clearer.
- Mark out major events like PPI releases that affect the market.
In workflow, I combine Coinglass with blockchain insights and Bitcoin analysis tools. This helps confirm the charts’ insights in real time. Such tools make it easier to turn visuals into actions.
Lastly, I prefer using compact, annotated charts. They quickly show OI levels, exchange concentration, and recent market moves. This makes decision-making faster using today’s bitcoin open interest coinglass snapshot and real-time analytics.
Predictions for Bitcoin Open Interest
I check the market each morning. This week, I’m focusing on potential changes in open interest. I use data from CoinGlass and CryptoQuant, along with news from AmbCrypto and Bitcoin.com News.
Expert forecasts for the coming week
Analyzers at CryptoQuant and AmbCrypto are feeling optimistic. They mention a NVT Golden Cross and positive funding rates. These signs usually come before big market moves.
If momentum in the price continues, more traders could use leverage. This means open interest might increase.
Primary factors shaping future open interest
Things like inflation and the Producer Price Index (PPI) can lead to sudden price changes. A recent surprise in PPI data quickly lowered prices and caused a lot of selling. It shows how one piece of news can quickly reduce open interest.
News on regulation is also important. Discussions about ETFs for Bitcoin and altcoins like Cardano, plus moves by companies like Grayscale, can change market flows. Changes in exchange inflows and big events affect open interest.
Market sentiment and derivatives activity
Right now, funding rates are a bit positive, at 0.0137%. This suggests the market leans slightly bullish but isn’t too risky. The amount of open options and futures trading has gone up. With more people trading, we might see bigger short-term changes and more open interest if the market goes up.
I think open interest might go up a bit next week if Bitcoin’s price stays strong. But, a surprise in the market could lead to a quick drop in open interest. This take combines insights from the financial and crypto markets for a complete look.
Tools for Tracking Bitcoin Open Interest
I have a set of tools I use to watch open interest and market flow. I begin by checking a variety of dashboards and charts. This gives me a quick look at risk, momentum, and where most bets are placed. I mix feeds from exchanges with third-party analytics to spot things I might otherwise miss.
Overview of Available Tools
Coinglass is where I start for total open interest, funding rates, and liquidation maps. It shows the overall risk in the market from different exchanges.
CryptoQuant provides data like exchange netflow and NVT ratios. These numbers help me see if money is moving in or out of exchanges.
TradingView is great for looking at charts. I add open interest data or mark specific levels to link market positions with price trends.
CoinMarketCap and CoinGecko give updates on prices and market caps. Exchange dashboards like those from Binance, Bybit, and OKX offer direct open interest figures for extra checks.
Integrating Coinglass with Other Platforms
I check Coinglass figures against CryptoQuant’s exchange flows for reliable signals. If they both point the same way, I feel more sure about my read.
On TradingView, I use data from Coinglass or mark levels from exchanges myself. It makes it easier to note big events and see changes in open interest.
I use exchange dashboards to double-check unusual data. Binance’s numbers are often leading indicators of volume and open interest changes, making them especially important to me.
How to Utilize These Tools Effectively
My daily routine is simple and quick:
- Start with Coinglass to review total open interest, funding rates, and see the liquidation heatmap.
- Check exchange netflows and on-chain metrics with CryptoQuant.
- Look at price movement, support, and resistance levels on TradingView.
- Set alerts for big changes in open interest or funding rates.
Keep an eye on open interest along with funding and liquidation levels. Monitor option open interest and volume to predict big price moves. Pay attention to where traders are focusing on each exchange to spot potential squeezes.
Tool | Primary Strength | Best Use |
---|---|---|
Coinglass | Derivatives OI, funding, liquidations | Quick snapshot of bitcoin open interest today coinglass snapshot and cross-exchange exposure |
CryptoQuant | On-chain metrics, netflow, NVT | Confirm inflows/outflows and validate OI signals using blockchain data |
TradingView | Charting, custom overlays | Overlay OI series with price, annotate events, set visual alerts for live cryptocurrency data |
Exchange Dashboards (Binance, Bybit, OKX) | Raw, exchange-specific OI | Validate platform-level concentration and real-time shifts in open interest |
CoinMarketCap / CoinGecko | Price context and liquidity metrics | Quick reference for market cap, volume, and cross-checking price moves |
I use a variety of bitcoin data tools. By combining them, I can ignore unimportant details and make confident choices. Daily checks of open interest and live data keep my trading decisions sharp and timely.
Frequently Asked Questions (FAQs)
I keep a short FAQ here for questions I often get about watching the bitcoin open interest today on CoinGlass. I aim to provide practical advice for trading or research.
What Does Open Interest Indicate?
Open interest shows how many active derivative positions there are. If open interest and price go up, it usually means new buyers are entering. When open interest goes up but price drops, it could mean more people are betting against the price.
I look at CoinGlass funding rates, like a recent ~0.0137% figure, as a sign of how much buyers are willing to pay over market price. Open interest tells us about the market’s commitment but isn’t the only thing to watch. Use it to gauge participation and for clues on big market moves or potential sell-offs.
How Can I Use Open Interest in My Strategy?
To plan my trades, I look at open interest along with funding rates, trading volume, and who is getting liquidated. For instance, a sudden price drop led to $225.75M in liquidations, showing how market stress related to open interest can change things quickly.
Here’s what I do: I match open interest trends with trading volume, monitor funding rates to get a feel for the market direction, and I become more cautious with my borrowing when there is a lot of open interest at key prices. Think of open interest as part of the bigger picture for making trading decisions.
Where to Find Reliable Open Interest Data?
I use Coinglass for an overview of open interest and liquidations. CryptoQuant gives me the flow and network value to transaction (NVT) data. For direct exchange data, I check Binance and CME. TradingView is great for seeing open interest and price action together. It’s important to compare data from different sources to avoid errors.
When I need a quick market summary, I might look at reports like this one: First Mover: Bitcoin falls back below. It helps connect price movements to recent data and broader market trends.
Source | Best Use | What I Check |
---|---|---|
Coinglass | Aggregated OI & liquidations | Open interest totals, funding rates, liquidation spikes |
CryptoQuant | On-chain flow & exchange balances | Netflow, NVT, exchange reserves |
Exchange Dashboards | Raw, timestamped OI | Per-exchange OI and contract expiries |
TradingView | Chart overlays | OI vs. price plots and visual correlations |
Where to find good open interest data depends on what you’re looking for. I start with Coinglass for a broad view. Then I add CryptoQuant and exchange info for deeper analysis. TradingView is great for seeing it all visually. Always cross-check to avoid being caught off-guard by quick shifts in the crypto market.
Case Studies on Open Interest
I check open interest metrics every day, using tools like CoinGlass for quick updates. The case studies shared here illustrate how big trades and sudden economic changes impact the market. To understand price moves, I combine chart analysis, trading flow on exchanges, and blockchain data.
Real-World Examples of Open Interest Effects
One example happened after the U.S. PPI news from the Bureau of Labor Statistics. The unexpected data caused a quick sell-off: Bitcoin’s price dropped from $122,000 to about $117,000. This led to around $225.75 million in total liquidations. Open interest dropped then jumped as traders were forced to close their positions. This case shows how economic data can have a big effect on the market.
Another example looks at bull markets in 2017 and 2021. Before the price surged at these times, there were lows in net flows on exchanges. CryptoQuant noticed a similar pattern before the price jump in August. These cases show how a drop in inflows can be followed by a big rally, as money moves to spot markets and derivatives.
Analysis of High Open Interest Scenarios
When too much open interest is on a few exchanges, it increases risk. If these exchanges face margin calls, losses can spread faster. The amount of open interest in options, around $57.15 billion, also introduces more risk around certain price levels, potentially leading to extreme price moves.
In such cases, I look at funding rates, differences in perpetuals, and how much money moves on exchanges. This helps tell apart safe market growth from risky situations. Analyzing digital assets becomes more effective when combining data on derivatives with blockchain and trading signals.
Lessons Learned from Past Trends
First lesson: always look at open interest with other market factors, such as funding rates and trade flows. Second lesson: big economic news can cause fast market changes. The PPI event is a prime example of how quickly the market can shift.
Third lesson: use various sources for your analysis. Depending on just one can miss some risks. I use a mix of data from CoinGlass, CryptoQuant, and exchange reports. This combination helps give a more complete view of the cryptocurrency market.
Below is a comparison to show differences across various events and data.
Event | Primary Indicator | Immediate Impact | Useful Tools |
---|---|---|---|
PPI surprise (BLS) | Rapid OI compression and liquidation volume | ~$225.75M liquidations; sharp price drop | CoinGlass snapshot, exchange liquidation feeds |
2017 & 2021 bull legs | Exchange netflow bottoms preceding rallies | Final parabolic legs after netflow reversal | CryptoQuant, on-chain inflow/outflow metrics |
High OI concentration | Options OI expansion (~$57.15B) | Elevated gamma risk near key strikes | Options analytics, implied vol surfaces |
Strategic Implications for Traders
I check open interest every trading day. The bitcoin open interest today coinglass snapshot is essential. It shows leverage, where the money is, and funding trends. These insights, along with blockchain movements and price trends, guide my investment decisions.
How open interest can guide decisions
Rising open interest and positive funding usually mean momentum is building. I gradually add to my investments following these signs. But if open interest drops and prices don’t match the trend, I get cautious. This is when I cut back or secure some profit.
Checking open interest across platforms is crucial. If it’s all in one place, big price moves might be coming. And if options and futures tell different stories, I wait for a clearer picture.
Risk management based on open interest
To me, managing risk with open interest is serious business. It’s about setting stops, choosing how much to bet, and protecting my investments. I set stop-loss orders around recent jumps in funding rates. Sudden increases in funding can lead to big price swings, hurting those heavily invested in one direction.
After a selloff led to huge losses for bulls, I reduced my risks. Such events show how quickly optimism can turn to loss. Watching exchange activity and previous big losses prevents repeating mistakes.
Case studies: successful strategies
I prefer adding to my positions slowly as open interest grows. This strategy reduces the risk of jumping in all at once. When I see a surge in options activity, I buy protection or use strategies that limit loss but keep room for gains.
When funding rates change quickly, I reduce my bets. Rapid changes in funding can indicate too many people are on one side of the trade. I scale down or use straightforward protection until things settle.
Here’s a quick list I go through before I change my investment stance. It combines specific cryptocurrency insights with broader market trends and thorough analysis.
Checklist Item | What I Watch | Action If Triggered |
---|---|---|
Total open interest | Aggregate futures OI across major exchanges (CoinGlass, CryptoQuant) | Scale entries on steady rise; reduce size on sharp one-day spikes |
Funding rate direction | Median funding across top venues and rapid rate changes | Tighten stops when funding accelerates; hedge if extreme |
Recent liquidation spikes | Magnitude and instruments involved (futures vs options) | Increase caution after large liquidations; wait for stabilization |
Exchange concentration | Percent of OI held on single exchanges | Avoid large bets when concentration is high; diversify venues |
Options OI and volume | Call/put skew and sudden volume surges | Consider protective options strategies or collars |
Market context | Macro catalysts, PPI or CPI prints, and crypto market trends | Adjust risk posture around macro events and headlines |
I use CoinGlass, CryptoQuant, and trusted news sources for financial insights. This approach helps me stay grounded in the latest market data.
Expert Opinions and Analysis
I spoke with market analysts and I also read up-to-date commentary to discuss bitcoin’s open interest as seen today on CoinGlass. CryptoQuant and CoinGlass express a cautiously optimistic outlook. They note that certain patterns in the charts and blockchain data might signal upcoming rallies. These insights help link blockchain activity with how traders act.
Insights from Market Analysts
CryptoQuant analysts and others studying blockchain underline a rise in derivatives and positive funding. They believe these signs show traders expect the market to keep growing. They compare spikes in funding with the density of trades at exchanges.
AmbCrypto and Bitcoin.com News see things similarly, highlighting that certain metrics suggest big moves when liquidity conditions change. This matches the trends I follow with bitcoin analysis tools.
Interviews with Cryptocurrency Experts
In talks with desk strategists and independent analysts, some warned that big economic news could undermine positive trends. Inflation updates and unexpected PPI changes are major risks. Traders are paying close attention to funding rate spikes, as these can lead to sudden sell-offs.
Experts combine insights from order books, live data, and derivatives dashboards. This mix helps them see when market theories play out in real trades.
Consensus on Open Interest Outlook
Most experts feel the outlook for open interest is positive but urge caution. They see signs of possible growth but also warn of risks from economic shocks. I’m also careful, pointing out the importance of watching open interest at big trading platforms.
Source | Main Signal | Practical Takeaway |
---|---|---|
CryptoQuant | Compressed NVT Golden Cross | Watch on-chain supply metrics for breakout confirmation |
CoinGlass | Rising derivatives activity & positive funding | Monitor funding rate spikes to anticipate liquidations |
AmbCrypto | Netflow bottoms historically precede rallies | Compare exchange inflows with open interest shifts |
Bitcoin.com News | Macro risk sensitivity | Use macro calendar alongside bitcoin data analysis tools |
Conclusion and Takeaways
I’ll keep this short and to the point. Recent data shows BTC futures open interest between low and mid $83 billion. It also shows small increases and positive funding rates. These indicators come with more derivatives volume and options activity. This leads to big sell-offs after unexpected U.S. economic news.
I’m cautiously optimistic. A rise in open interest usually means a bullish market. But it can increase volatility when unexpected macroeconomic data hits. Think of open interest growth as both a boost for rallies and a risk in downturns.
For clear, real-time market cues, I use CoinGlass and CryptoQuant. I also check exchange data. Coinglass gives you up-to-the-minute bitcoin analytics. Always double-check this information before making big moves.
Here’s a quick comparison of key metrics for understanding market momentum and risk:
Metric | Recent Value | Signal |
---|---|---|
Total Futures Open Interest | $83B (low-mid) | OI expansion; structural bullishness |
Funding Rate (avg) | ~0.0137% | Light long bias |
Derivatives & Options Flow | Spikes observed | Heightened short-term volatility |
Bitcoin Spot ETF Activity | Notable selling pressure | Immediate liquidity drain |
Total AUM for Digital Products | $215B | Overall market scale stable |
Here are quick tips I follow:
- Monitor open interest for trend signs.
- Use funding rates to understand short-term market mood and pressure.
- Combine Coinglass and CryptoQuant data with exchange info for smarter market insights.
A recent analysis showed changes in Bitcoin and Ethereum investments. You can find that report here: investor flows and ETF activity.
To sum up: the bitcoin open interest summary by coinglass is crucial. It’s one of many tools for making informed choices. It helps guide decisions without guaranteeing outcomes. Continue to monitor real-time bitcoin stats, fine-tune risk management strategies, and use market intelligence as guidance, not a strict rule, for trading sizes.
Additional Resources
I have a go-to list of resources for when I need quick facts or deeper understanding. CryptoQuant offers insightful research on NVT and netflow. CoinGlass explains funding and OI calculations in simple words. These are essential for understanding bitcoin open interest today coinglass snapshot. AmbCrypto and Bitcoin.com News are great for staying updated on broad market trends. They link on-chain activities to price movements well.
Recommended Reading on Open Interest
Begin with CryptoQuant’s work on NVT and netflow to grasp supply-driven indicators. Look into CoinGlass to learn how they figure out funding rates and open interest. For news-driven insights, I follow AmbCrypto and Bitcoin.com News. They offer concise, useful analyses that link data to market actions.
Online Courses for Cryptocurrency Trading
For organized study, I suggest looking into advanced derivatives and risk management on Coursera and specific crypto training sites. These courses cover futures, options, funding rates, and how to manage your positions. They work well with practicing on testnets or demo portfolios for real-life experience.
Other Crypto Tracking Platforms to Consider
Apart from CoinGlass, I also use CryptoQuant for alerts, TradingView for its charts, and exchanges like Binance for direct OI data. CoinMarketCap and CoinGecko give updates on prices and market dominance. I make sure to save the Coinglass OI page, get alerts from TradingView, and sign up for netflow updates from CryptoQuant. This way, I combine real-time crypto data with blockchain insights for a comprehensive view.