Open interest on Ethereum derivatives hit an all-time high on Sunday
The aggregated open interest on Ethereum (ETH) options and futures broke records this past weekend, according to data compiled by The Block Research.
Ethereum futures peaked at $2.65 billion on January 3, growing 28.6% from December’s peak. Binance held the largest share at 23.8%, with OKEx in second place with 17.8% and Huobi’s 14.4% in third.
Aggregated open interest options on Ethereum also reached an all time high on Sunday at $1.22 billion, with Deribit holding the largest share at 86.8%.
TAGS
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.
See More
