The total open interest for Ethereum futures contracts across the entire network is nearly 14.7 billion US dollars, setting a new historical high

News on May 21, Coinglass data shows that the total open interest of Ethereum futures contracts across the network has risen to 4.01 million ETH (approximately $14.69 billion), an increase of 25.48% in the past 24 hours, setting a new historical high in terms of US dollars (there is still a gap from the peak value of 5 million ETH in 2022 when calculated in ETH).