Key Takeaways
- • Bitcoin Cash (BCH) traded near $294 on October 28, 2026, up 4.4% over 24 hours, with a market capitalization of $5.92 billion, according to Pluang.
- • Eighty-one publicly visible BCH futures markets, all perpetual contracts with no expiry, carried a combined $1.07 billion in open interest.
- • Newly launched CME BCH futures with expiry dates do not appear in common public data, so most public open interest figures reflect only unregulated venues.
- • On Pluang's platform, Bitcoin Cash rose 6.16% to Rp5,413,945 as 45 of 50 tracked cryptocurrencies advanced, and 97% of Pluang orders were sell-side.
Summary
Bitcoin Cash was trading around $294 on October 28, 2026, up 4.4% in 24 hours, with a market capitalization of $5.92 billion, according to Pluang. The asset's derivatives activity is concentrated in perpetual contracts: 81 publicly visible BCH futures markets, all without expiry, held a combined $1.07 billion in open positions.
Pluang notes that the newly launched CME futures contracts, which carry expiry dates, do not appear in common public data because CME is a regulated futures exchange separate from crypto exchanges. As a result, most public open interest figures capture only unregulated markets, and the CME publishes its own data needed for a complete picture of regulated trading activity.
Pluang's platform data showed a broad rally in major cryptocurrencies, with 45 of 50 tracked assets rising as of 13:03 WIB on October 28, 2026. Bitcoin Cash gained 6.16% to Rp5,413,945 on the platform, compared with gains of 11.14% for Balancer (to Rp16,297) and 8.13% for EOS.IO (to Rp12,649). Bitcoin Cash's typical hold time on Pluang was 69 days, shorter than Balancer's 85 days and EOS.IO's 87 days, and 97% of orders on the platform were sell-side.
Pluang advises investors to weigh the differences between perpetual and dated futures, funding rates, and leverage risk when trading Bitcoin Cash futures.
Pluang notes that the newly launched CME futures contracts, which carry expiry dates, do not appear in common public data because CME is a regulated futures exchange separate from crypto exchanges. As a result, most public open interest figures capture only unregulated markets, and the CME publishes its own data needed for a complete picture of regulated trading activity.
Pluang's platform data showed a broad rally in major cryptocurrencies, with 45 of 50 tracked assets rising as of 13:03 WIB on October 28, 2026. Bitcoin Cash gained 6.16% to Rp5,413,945 on the platform, compared with gains of 11.14% for Balancer (to Rp16,297) and 8.13% for EOS.IO (to Rp12,649). Bitcoin Cash's typical hold time on Pluang was 69 days, shorter than Balancer's 85 days and EOS.IO's 87 days, and 97% of orders on the platform were sell-side.
Pluang advises investors to weigh the differences between perpetual and dated futures, funding rates, and leverage risk when trading Bitcoin Cash futures.
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