The total Bitcoin open interest across all exchanges has dropped below $60 billion, down 11.89% from the peak.

BlockBeats News, December 22, according to Coinglass data, the total Bitcoin futures open interest has dropped below 60 billion US dollars, currently standing at 599.7 billion US dollars, with a decrease of 4.02% in the past 24 hours.

Since Trump's victory on November 5, the open interest of Bitcoin futures contracts has significantly increased, rising from 39 billion US dollars on November 5 to a record high of 68.1 billion US dollars on December 18, indicating increased trading activity and market speculation. Today, the open interest has dropped below 60 billion US dollars, representing a 11.89% decline from the peak.