Ethereum Network-Wide Contract Holdings Remain at Recent Lows in Coin Terms, Indicating Recent Market Movements May Be Driven by the Spot Market
BlockBeats News, August 13 — According to data from Coinglass, the current total number of Ethereum contracts held across the network stands at 13.6922 million ETH, which is still significantly lower than the 15.32 million ETH recorded in late July. This data to some extent supports the view that recent market trends have been primarily driven by the spot market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Data: 5,959 ETH transferred from one exchange to another, valued at approximately $18.09 million.
Tether suspends bitcoin mining in Uruguay due to rising energy costs, laying off 30 local employees
WLFI: BNB Ecosystem USD1 Zero-Fee Promotion Extended Until December 31
Trending news
MoreCrypto prices
More
