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The open interest of Bitcoin futures contracts is approaching a historical high.

According to Coinglass data, as of February 19th, the open interest of Bitcoin futures contracts was $24.211 billion, with a 24-hour increase of 1.83%. This number is approaching the historical high of $24.268 billion in mid-April 2021.

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On-Chain Activity

32min ago

Crude Oil Long Position Up Over 100%: Address May Attract Four Whale Copy Traders? Combined Holdings of $20 Million

43min ago

Two major positions see unrealized gains of $22 million; Hyperliquid's largest BTC long has made no moves since opening in July.

1h ago

Storage targets fell 8 and rose 1, with whales placing new orders worth $37 million.

2h ago

A certain whale closed a short position of 760 BTC and then turned long, going 40x long on 900 BTC worth approximately $69.2 million.

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Crude Oil Long Position Up Over 100%: Address May Attract Four Whale Copy Traders? Combined Holdings of $20 Million

Two major positions see unrealized gains of $22 million; Hyperliquid's largest BTC long has made no moves since opening in July.

Storage targets fell 8 and rose 1, with whales placing new orders worth $37 million.

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