Bitcoin (BTC) was quoted at $60,041 per coin at 10 a.m. EST on June 28 2026, while options traders on Deribit, Binance and OKX identified a max‑pain threshold close to $60,000 — the price that would cause the greatest number of contracts to expire worthless.
Futures Open Interest Trends
The aggregate open interest for Bitcoin futures across major exchanges stands at roughly $42.6 billion, a steep decline from the cycle peak of about $95 billion recorded in late 2025. This contraction mirrors Bitcoin’s price pullback from its all‑time high above $126,000 reached in October 2025, signaling reduced leverage among investors.
Exchange‑Level Breakdown
Binance commands the largest share of futures open interest, holding 138.09 K BTC valued at $8.30 billion, which translates to an 18.67 % market share. CME follows with 105.27 K BTC worth $6.33 billion, underscoring the continued presence of institutional capital in regulated contracts, while MEXC lists 81.26 K BTC at $4.89 billion.
Across the last 24 hours, Binance’s open interest slipped by 1.29 %, Bybit fell 1.31 %, and Bitget contracted 1.50 %. BingX reported a dramatic 38.18 % decline, likely reflecting a position‑cleanup rather than a broad market sell‑off, whereas Kucoin bucked the trend with a 7.99 % rise in open interest