# 比特币合约

Buying Bitcoin spot + collaborating to short Bitcoin, hedging while long-term paying funding fees, in one sentence:

The classic strategy of institutional giants: accumulating spot Bitcoin as a ballast + perpetual contracts of equal size for hedging + earning long-term funding fees, turning Bitcoin into a "high-yield fixed income-like asset" through neutral hedging, perfectly fitting Fu Peng's described deferred expense business model. #比特币 #比特币合约

BTC Open Interest Analysis—472,000 BTC Accumulated; a Large-Scale Liquidation Is Imminent
In discussions about Bitcoin’s current market condition, open interest (OI) may be one of the most critical indicators. Data shows that the total value of BTC open contracts across the entire market is approximately $60.22 billion; in terms of quantity, futures market OI has rebounded to 472,000 BTC, reaching a recent high.
Even more concerning is that the 30-day rolling change rate of open interest has climbed to 14.5%, one of the strongest growths over the past roughly 120 days. This means that over the

Exclusive Network Secret Formula Share
Master Key to You | 10-Year Position Holding | Day 22 of 3650 Days
#比特币合约 # 200x Leverage Bilateral Operation Model Exploration
Core Model
Small position simultaneous long + short, 200x leverage
No directional prediction, only capture unilateral breakout
Execution Rules
1. Bilateral equal position size, open orders at same price
2. Wait for one side to move out, profit 3–5x on one side
3. Immediately close position on high-profit end and lock in gains
4. Hold the losing end, wait for oscillation to revert
5. Harvest large profits, return small losses
→ Ov