Bitcoin Futures Open Interest Drops to $52 Billion as Traders Retreat

Bitcoin futures open interest fell 1.88% to $52.04 billion as the leading crypto asset declined nearly 5% to $75,783 on Friday, Nov. 6, 2026. Coinglass data shows declining exposure across major derivatives exchanges, while options activity reveals a curious divergence: Calls dominate outstanding positions, but puts lead trading volume. Meanwhile, November and December expirations carry billions in contracts, leaving traders confronting competing expectations for bitcoin’s next move. Over the last day, bitcoin’s price range fell nearly 5% to $75,783 at 9 a.m. Eastern time on Friday, Nov.

Source: Bitcoin.com News