Total Ethereum Futures Open Interest Hits All-Time High of $52 Billion

BlockBeats News, July 20th, according to Coinglass data, market participants continue to increase their bets on Ethereum's trend. The total open interest of Ethereum futures contracts across all exchanges has been on the rise for over a month. After surpassing the $50 billion mark on July 17th, today it once again broke through $52 billion to hit a new all-time high.

The current open interest position is reported to be 14.31 million ETH, equivalent to approximately $52.14 billion, with a 24-hour increase of 0.74%. Specifically:

Binance's Ethereum open interest is $9.33 billion, ranking first;

CME's Ethereum open interest is $6.81 billion, ranking second.