Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend
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The aggregated open interest on bitcoin options reached $4.53 billion on Nov. 22, having grown $1.13 billion since Nov. 15.
That’s nearly a 25% increase in a week, according to data from The Block Research.
In addition to Bitcoin, the aggregated open interest on Ethereum options reached $780.05 million. Ethereum option open interest jumped $221.09 million, or 39.5%, in a week, according to The Block Research.
Open interest on crypto options has been rising steadily since October, setting all-time highs in the months prior.
AUTHOR
MK Manoylov is a former reporter at The Block.
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