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Affected by Google's Earnings Report, Bitget GOOGL Contract Open Interest Surges Over 69% in 24H

according to market sources, Alphabet, Google's parent company, saw its stock price drop nearly 10% in after-hours trading today following the release of its third-quarter earnings report in the early morning.

Possibly driven by market volatility, according to CoinGlass data, the total open interest of GOOGL contracts across all exchanges grew 64.32% over the past 24 hours, currently valued at approximately $637 million; among them, Bitget's GOOGL contract open interest reached $52.6894 million, surging over 69% in 24 hours.