Bitcoin futures open interest at 2023 high while BTC trading volume at yearly low — What gives?


$ 84,091.8
€ 77,327.9
¥ 38,800.0
£ 65,009.4
BTC
2.32 %
$ 1,924.34
€ 1,769.79
¥ 888.07
£ 1,487.75
ETH
1.65 %
$ 210.40
€ 193.30
¥ 97.19
£ 162.46
XMR
1.22 %
$ 91.82
€ 84.43
¥ 42.35
£ 70.96
LTC
2.78 %

BTC futures open interest is on the rise, but Bitcoin trading volume suggests that traders have shifted their attention to other markets.