{"id":72521,"date":"2026-05-14T19:54:41","date_gmt":"2026-05-14T19:54:41","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-futures-hit-61-9b-as-traders-pile-into-both-sides-of-the-market-bitcoin-news\/"},"modified":"2026-05-14T19:54:41","modified_gmt":"2026-05-14T19:54:41","slug":"bitcoin-futures-hit-61-9b-as-traders-pile-into-both-sides-of-the-market-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-futures-hit-61-9b-as-traders-pile-into-both-sides-of-the-market-bitcoin-news\/","title":{"rendered":"Bitcoin Futures Hit $61.9B as Traders Pile Into Both Sides of the Market \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Bitcoin futures open interest (OI) hit $61.9B across all exchanges on May 14, with Binance holding 19.05% market share.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">CME\u2019s put-heavy options book signals institutional hedging, as calls lead 57% to 43% on Deribit and OKX volume.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Deribit\u2019s June 26 expiry carries $14.52B in notional value, making it the heaviest options event this summer.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>CME Tops the Futures Leaderboard at $9.72B \u2014 Here\u2019s What Institutional Money Is Doing<\/h2>\n<p>Total futures open interest <a href=\"https:\/\/www.coinglass.com\/open-interest\/BTC\" target=\"_blank\" rel=\"noopener noreferrer\">stood<\/a> at 759,550 <span>BTC<\/span>, with Binance holding the largest share at 144,730 <span>BTC<\/span> and $11.79 billion notional, good for 19.05% of the global market. CME ranked first by a different measure; its OI\/24h <span>volume<\/span> ratio hit 2.0071, the highest on the board, pointing to deep institutional positioning relative to daily trading activity. CME futures open interest came in at 119,240 <span>BTC<\/span>, worth $9.72 billion and 15.69% of total market share.<\/p>\n<p>The broader futures picture showed a 24-hour open interest gain of 1.61% across all exchanges, with a four-hour move of +3.72%. BingX stood out with a 24-hour open interest jump of 17.81%, the biggest one-day move on the leaderboard. Kucoin moved in the opposite direction, shedding 17.25% of open interest over the same period, which was the sharpest single-day drop among major platforms.<\/p>\n<h2>57% Calls, 42% Puts: <span>Bitcoin<\/span> Options Traders Are Still Leaning <span>Bullish<\/span><\/h2>\n<p>On the options side, the call-to-put skew favored bulls. Global options open interest, according to <a href=\"https:\/\/www.coinglass.com\/options\" target=\"_blank\" rel=\"noopener noreferrer\">coinglass.com stats<\/a>, showed 272,501.92 <span>BTC<\/span> in calls against 204,098.61 <span>BTC<\/span> in puts, a 57.18% to 42.82% split. The 24-hour <span>volume<\/span> breakdown leaned harder toward calls; 70% versus 30%, or 58,825.09 <span>BTC<\/span> in calls and 25,211.63 <span>BTC<\/span> in puts. Deribit\u2019s Dec. 25, 2026, $120,000 call held the top open interest rank at 6,980.8 <span>BTC<\/span>, while the May 29 $75,000 put ranked fourth at 6,226.2 <span>BTC<\/span>.<\/p>\n<p>Total <span>bitcoin<\/span> options open interest reached roughly $40 billion, up from the $14.68 billion floor seen in mid-2024. Stats have closely followed spot price, essentially peaking near $120,000 before pulling back alongside the correction that carried <span>bitcoin<\/span> toward $65,000 and lower earlier this year. The recovery back above $80,000 has brought options OI back toward the $40 billion range.<\/p>\n<figure id=\"attachment_814185\" aria-describedby=\"caption-attachment-814185\" style=\"width:2560px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-814185\" class=\"wp-caption-text\">Image source: Coinglass stats.<\/figcaption><\/figure>\n<p>Max pain levels across Deribit, OKX, and Binance all cluster in the $78,000\u2013$81,000 range for near-term expirations. OKX max pain data shows levels near $80,000 for May 15, dipping toward $75,000 for May 29 before recovering for the June 26 date. Notional value stacked on the May 29 OKX expiry has reached $1.24 billion, the heaviest stat on the spread.<\/p>\n<p>Deribit\u2019s max pain curve follows a similar arc. May 15 sits near $80,500, the curve dips to $75,000 around May 29, then climbs back to roughly $80,000 for June 26. The notional <span>volume<\/span> at that Deribit June 26 expiry topped $14.52 billion, dwarfing every other expiration date on the board. Binance shows a different shape, with max pain peaking near $85,000 for the June 5 contracts before fading toward $78,000 as expirations stretch further out.<\/p>\n<p>CME options data from <a href=\"https:\/\/cryptoquant.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Cryptoquant<\/a> showed a clear structural shift over the past year. Options open interest stacked by expiration peaked near 70,000 contracts in late 2025 before dropping sharply as <span>bitcoin<\/span> corrected. The 2026 recovery has been quieter; the current CME OI sits around 10,000 contracts in near-term buckets, with the 1\u20132 month expiry window making up the bulk of positioning.<\/p>\n<p>The CME put-versus-call breakdown showed puts dominating call open interest through most of Q1 2026, a period that aligned with <span>bitcoin<\/span> trading between $65,000 and $85,000. That put-heavy book at CME reflects institutional players using regulated options to hedge downside rather than chase upside, a different posture than what retail-heavy platforms like Deribit and OKX show on <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a>.<\/p>\n<p>The exchange-level futures open interest chart, tracking all platforms combined, showed total OI near $62 billion after bottoming below $30 billion in early 2026. The cycle peak came in late 2025, near $90 billion, when <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> traded close to $120,000.<\/p>\n<p>The data taken together shows a market that has rebuilt meaningful derivatives exposure since the correction, with options traders leaning <a href=\"http:\/\/www.bitcoin.com\/get-started\/bull-market-vs-bear-market\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bullish<\/a> on <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a> but hedged on open interest. Max pain near $80,000 gives market makers a clear gravitational pull heading into this week\u2019s expirations, and with $14.52 billion stacked at the Deribit June expiry, the summer months carry real weight.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-futures-hit-61-9b-as-traders-pile-into-both-sides-of-the-market\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Bitcoin futures open interest (OI) hit $61.9B across all exchanges on May 14, with Binance holding 19.05% market share. CME\u2019s put-heavy options book signals institutional hedging, as calls lead 57% to 43% on Deribit and OKX volume. Deribit\u2019s June 26 expiry carries $14.52B in notional value, [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":72522,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72521"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=72521"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/72521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/72522"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=72521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=72521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=72521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}