Likely influenced by Google's third-quarter earnings report, Bitget GOOGL contract open interest increased by over 69% in 24 hours.

On October 29, market reports indicate that shares of Alphabet, Google's parent company, fell nearly 10% in after-hours trading following the release of its third-quarter earnings report in the early hours of today.

Likely driven by market volatility, CoinGlass data shows that the global open interest for GOOGL contracts increased by 64.32% over the past 24 hours, bringing the current position value to approximately $637 million; among these, Bitget's GOOGL contract open interest reached $52.6894 million, reflecting a 24-hour growth of over 69%.