Ethereum Open Interest Reaches $24.5 Billion Amid Rally Chasing

Ethereum futures open interest has surged by 96% since June 22, reflecting a notable increase in trader activity compared to Bitcoin's $84.77 billion in futures open interest.

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Summary

According to Coinglass data, Ethereum futures open interest has reached a historic high of over $58 billion, marking a significant increase of over 96% since June 22. In comparison, Bitcoin futures open interest currently stands at $84.77 billion, with a 30-day increase of over 23.8%.

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