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Breaking: CME Ethereum Open Interest Hits $1 Billion For the First Time

source-logo  coingape.com 21 October 2021 09:43, UTC

The Open Interest (OI) of CME Ethereum Futures hit $1 billion today for the first time. The soaring OI valuation indicates the growing bullish trend in the market. The massive jump in Ether OI comes within hours of $ETH reclaiming its position above $4,000. The OI jumped more than twice the average of $417 million.

coingape.com