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K33 Research: Bitcoin breaks through $100,000 but trading volume is sluggish, demand for institutional long positions is rising.
BlockBeats news, on May 20, K33 Research published that although the price of Bitcoin has surpassed $100,000, its Fluctuation and volume remain relatively low. Meanwhile, the yield of the Chicago Mercantile Exchange (CME) continues to rise, and the Open Interest (OI) has shown significant growth, indicating that the institutional market’s demand for long positions is on the rise.