2023-11-23 18:57 |
Quick Take
While CME retains its position as the leading exchange in terms of Bitcoin futures, the past 24 hours have witnessed a remarkable surge in Ethereum open interest.
Specifically, Ethereum open interest has escalated by 2.5%, reaching 3.59 million ETH – the most substantial level since August. This uptick signifies heightened trader interest and potentially greater liquidity.
ETH Futures Open Interest: (Source: Coinglass)More significant, however, is the open interest of Ethereum on the CME platform. In the last 24 hours alone, there has been a 21% upswing, equating to approximately 320,000 ETH. This surge brings Ethereum interest on CME tantalizingly close to its all-time high, established in November 2022.
Futures Open Interest ETH: (Source: CME)The post Ethereum open interest nears record high on CME following 21% surge appeared first on CryptoSlate.
Similar to Notcoin - Blum - Airdrops In 2024