During the morning trading sessions, bitcoin was trading at $117,860 in spot markets, with an intraday range between $116,956 and $118,493. Futures activity remained the focal point of derivatives trading, with open interest (OI) totaling 699,620 BTC, or about $82.44 billion in notional value.

Bitcoin futures open interest, according to coinglass.com stats on Aug. 16, 2025.

CME Group continued to lead the market with $17.1 billion in open interest, accounting for 20.7% of total positioning. Binance followed with $15.07 billion, while Bybit held $9.66 billion. Among notable changes, Gate’s futures open interest rose sharply over the past day, climbing more than 21%, while Binance and OKX saw declines of 2.4% and 4.5%, respectively.

The broader trend shows steady growth in futures exposure, with CoinGlass data indicating a strong correlation between bitcoin’s spot price and the rising level of open interest. The current trajectory places aggregate futures activity near all-time highs, highlighting elevated participation from both institutional and retail traders.

On the options side, Deribit remained the dominant venue, with the largest open interest concentrated in December 2025 contracts. The single biggest position was the $140,000 call expiring Dec. 26, with more than 10,800 BTC in open contracts. Other high-interest strikes include $200,000 calls and $95,000 puts.

Overall, options open interest stood at 407,278 BTC, with calls representing 61.4% of outstanding contracts compared with 38.6% for puts. However, trading volume over the past 24 hours leaned slightly bearish, with puts making up 53.9% of activity. The divergence suggests investors are positioning for potential upside over the long term, while hedging near-term downside risk.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。