Total open positions for Bitcoin contracts across all exchanges exceed 27.5 billion USD.

According to Coinglass data reported by BlockBeats on February 29th, the total open position of Bitcoin futures contracts on the entire network was 442,700 BTC (approximately $2.7683 billion). CME Bitcoin futures contracts had the highest open position at 127,900 BTC (approximately $780.4 million), followed by Binance Bitcoin futures contracts with an open position of 102,100 BTC (approximately $644.9 million).