The post Record-Breaking CME ETH Futures Surpass 1 Million ETH Mark Amid Rising Competition appeared on BitcoinEthereumNews.com.

Recent analysis from COINOTAG reveals significant developments in the cryptocurrency derivatives market. As of December 12, data from Coinglass indicates that the CME‘s Ether (ETH) futures contracts have surpassed the 1 million ETH milestone, reaching an all-time high of 1.0283 million ETH. This represents a substantial 24-hour position increase of 15.22%, reflecting heightened institutional interest. Despite this impressive growth, the CME remains in third place among ETH futures trading platforms, ranking behind Bybit and Binance, which hold roughly 1.2907 million ETH and 2.0551 million ETH respectively. Such dynamics signal an evolving landscape within the crypto market, where derivatives trading plays an increasingly crucial role. Investors and traders should closely monitor these trends as they could influence market strategies and sentiment. Source: https://en.coinotag.com/breakingnews/record-breaking-cme-eth-futures-surpass-1-million-eth-mark-amid-rising-competition/

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Filed under: News - @ December 12, 2024 7:23 am