The total open interest of Bitcoin contracts across all exchanges has dropped by approximately 30% from this year's peak, indicating a decrease in liquidity and speculative activity.

BlockBeats News, November 18th, according to Coinglass data, the total open interest of Bitcoin futures contracts on the network is 737,540 BTC (approximately $66.54 billion), a decrease of about 30% from the peak of $94.12 billion on October 7th.

A decrease in open interest in futures contracts usually means that the overall interest of market participants, fund liquidity, and speculative intensity are decreasing, and market volatility is also expected to decrease.