Aggregated open interest of Ethereum options reached record highs on Thursday, according to data compiled by The Block Research.
The high sits at $3.57 billion, with Deribit constituting $3.39 billion (95%) of the total and the remainder from OKEx.
In all, the aggregated open interest of Ethereum options rose 393% this year from $755 million on January 1 to the high on Thursday.
About Author
MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.