Ethereum (ETH) Futures Open Interest Surpasses $41 Billion...Hits All-Time High

Source
JH Kim

Summary

  • It was reported that the size of Ethereum (ETH) futures open interest surpassed $41 billion, reaching an all-time high.
  • ETH derivatives trading volume surged 38% in 24 hours to exceed $110 billion, surpassing Bitcoin (BTC) derivatives trading volume.
  • ETH was reported to be trading at $2,858.60 on the Binance USD (USDT) market, up 4.17% from the previous day.

According to CryptoPotato, a virtual asset (cryptocurrency) specialist media outlet, Ethereum (ETH) futures open interest exceeded $41 billion in the past 24 hours, setting a new all-time high.

According to CoinGlass data, ETH futures open interest reached $41.66 billion, up 6.14% from the previous day.

Previously, ETH derivatives trading volume surged 38% over 24 hours, surpassing $110 billion and overtaking Bitcoin (BTC) derivatives trading volume ($84.7 billion).

Meanwhile, as of 01:14 on the 12th, ETH was trading at $2,858.60 on the Binance USD (USDT) market, up 4.17% from the previous day.

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?