The aggregated open interest of Ethereum futures reached an all-time high today, just four months after the overall crypto market’s fallback.
According to data from Bybt, Ethereum’s futures open interest hit $11.68 billion for the first time, as of 10:00 UTC time.
This shows a sharp resurgance after a big drop. These levels were last seen in mid-May, when the crypto markets were at their highest. When prices dropped, open interest fell too, reaching as low as $4.43 billion…
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