[Analyst: Binance Open Interest Surpasses $10 Billion, Hits 6-Month High] CryptoQuant analyst Darkfost stated that Binance's open interest surged nearly 8% within 24 hours, surpassing $10 billion and reaching a 6-month high. BTC is retesting its May peak of approximately $82,000, with speculative activity driving a significant increase in open interest. Open interest denominated in BTC stands at 125,830 BTC, and the upward trend remains valid even after excluding price effects. Binance's market share has exceeded 37%. The analyst pointed out that speculators can create demand in the futures market and push BTC higher, but such movements are often short-lived. To establish a sustainable bullish trend, spot investors also need to participate—this condition is currently not met.