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Ethereum Futures Open Interest Reached Record High

  • February 5, 2021

After breaking through ATH, open interest on ETH futuresĀ set a new record high of $5.4B. šŸ“ˆ

The record high open interest on ETH futuresĀ hints that traders remain bullish and further gains could be seen over the coming days.

The demand for Ether has led to a sharp increase in transaction fees, which may have further added to the demand for Ether.

Derivatives Analytics on CryptoRank.io:
šŸ‘‰ https://cryptorank.io/derivatives-analytics-full/ethereum


The latest market intelligence and in-depth reportsĀ in our TelegramĀ channelĀ andĀ Twitter

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