The open interest of Ethereum futures contracts across the network is nearly $14.7 billion, a record high
On May 21st, Coinglass data showed that the total open position of Ethereum futures contracts on the network rose to 4.01 million ETH (approximately $14.69 billion), an increase of 25.48% in the past 24 hours, reaching a historic high when calculated in USD (there is still a gap from the peak of 5 million ETH in 2022). Among them, Binance's open position for Ethereum contracts was 1.5 million ETH (approximately $5.48 billion), ranking first; the increase in holdings in the past 24 hours was 32.37%. Bybit's open position for Ethereum contracts was 840,490 ETH (approximately $3.08 billion), ranking second, with an increase in holdings of 38.82% in the past 24 hours.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Earn $4,210+ Daily! — Dogecoin (DOGE)→ Bitcoin(BTC) Cloud Mining Income

Ethereum Set for Possible Breakout Post Long Consolidation

XRP Likely to Rally as Technical Patterns Emerge

Meme Coins Gain Traction Amid Market Volatility

Trending news
MoreCrypto prices
More








