Open interest in bitcoin futures exceeded $11.5 billion

In January, the value of Bitcoin (BTC) increased by about 38%, according to data from the CoinGlass platform. BTC has not shown such a strong monthly surge over the past ten years. For example, in January 2020 and 2021, it strengthened by 29.95% and 14.51%, respectively. In the first month of 2013 alone, bitcoin soared by more than 44%. In the derivatives market, interest in BTC futures is growing. As of January 30, the amount of deployed contracts reached $11.55 billion, the highest level since the beginning of November last year. Open interest in bitcoin futures on Binance, CME, and