On February 17, according to Coinglass data, the amount of unpositioned squaring of BTC contracts on the whole network reached 627,400 (about $60.394 billion), an increase of 0.07% in 24 hours. Among them, CME led with 174,200 BTC (about $16.745 billion), accounting for 27.72%, a 24-hour decline of 1.37%; Binance ranked second with 112,300 BTC (about $10.809 billion), accounting for 17.89%, a 24-hour decline of 1.10%; Bybit ranked third with 80,700 BTC (about $7.756 billion), accounting for 12.84%, a 24-hour decline of 0.25%.