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Since Trump's victory, the open interest of BTC futures contracts has risen significantly, breaking through 600 billion USD
On November 29th, according to The Block, since Trump's victory on November 5th, BTC futures contracts have risen significantly from $39 billion on November 5th to the current $60.9 billion, indicating increased trading activity and market speculation. However, analysts from CEX still believe that Margin Trading is not at risk of an imminent market adjustment. CEX analysts stated that the increase in open contracts seems to be a natural rise driven by expectations of future price appreciation. Leveraged accumulation is a common tool used by traders, including institutions, to position themselves for expected price movements. CEX analysts also pointed out that as of November 22nd, open contracts have decreased, especially around the $94,000 level, with a large number of Maker orders being filled. They believe that recent leveraged accumulation is normal and that the price pullback to the $93,000 region is a normal pullback.