Total Open Interest in Ethereum Futures Contracts Across the Network Surpasses $70 Billion Today, Setting a New Record

According to a report by Jinse Finance, data from Coinglass shows that as the spot price of ETH surpassed $4,800 to reach a new all-time high, the total open interest in Ethereum futures contracts across the network also continued to rise, at one point exceeding $70 billion and reaching $70.13 billion, setting another record high. Currently, the total open interest in Ethereum futures contracts across the network stands at $69 billion, marking a 13.34% increase over the past 24 hours. On one particular exchange, the open interest in Ethereum futures contracts reached 2.99 million ETH, valued at approximately $14.17 billion.