Brent Crude Oil (BZ): CEX Open Interest Tops $400M
@EmberCN reports Brent crude oil prices rose 20% from $94 to $114 over the past month, lifting CEX open interest in BZ above $400 million with Binance controlling 67.62% of positions.
SourceAnalysis
Brent crude oil prices advanced 20% over the past month from $94 to $114, turning BZ into a favored trade on centralized exchanges where open interest surpassed $400 million. The top three platforms account for 86.5% of that exposure: Binance at 67.62%, Bitget at 10.37% and OKX at 8.56%. Bitget posted $748 million in net inflows during the latest week, second only to Binance's $814 million.
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@EmberCNAnalyst about On-chain Analysis