Open interest on Ethereum derivatives hit an all-time high on Sunday
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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%.
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MK Manoylov is a former reporter at The Block.
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