Ethereum Open Interest Hits $60.5 Billion…All-Time High

Source
Uk Jin

Summary

  • As Ethereum (ETH) volatility increases, investors are rapidly taking on more futures contracts.
  • According to Coinglass data, Ethereum’s futures open interest is at $60.5 billion, setting an all-time record.
  • Ethereum’s price is reported to be $4,297, down 2.24% from the previous day.

As volatility in Ethereum (ETH) increases, investors are rapidly increasing their futures positions.

According to Coinglass data on the 19th (KST), as of today, Ethereum’s futures open interest stands at $60.5 billion. This represents a roughly 20% increase from the previous month and marks an all-time record high.

As of 10:58 a.m. on this day, Ethereum is trading at $4,297, down 2.24% from the previous day.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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