open position value

According to reports, data shows that the open position value of Deribit’s BTC perpetual futures contract has just reached $542350580, a 9-month high. Interpretation of this information: The latest reports reveal that the open position value of Deribit’s Bitcoin (BTC) perpetual futures contract has touched a 9-month high of $542350580. The figures reflect the renewed interest of investors into the cryptocurrency market, especially Bitcoin post the pandemic. The term perpetual futures contract refers to an agreement between two parties to sell and purchase cryptocurrencies such as Bitcoin at a specific…