ETH Futures Daily Volume on CME Hits $75.8 Million – Double Rise from Friday

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Wed, 02/17/2021 - 16:56
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Yuri Molchan
Glassnode has reported that by today ETH futures daily volume on CME has surged to $75.8 million and the aggregate open interest now totals $62 million
ETH Futures Daily Volume on CME Hits $75.8 Million – Double Rise from Friday
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Glassnode analytics company has reported that since Friday last week, daily trading volume of Ethereum futures on CME has almost doubled and reached $75.8 million.

CME ETH futures daily volume shows almost double increase

On Friday last week, daily trading volume of Ethereum futures on CME totalled $40 million. By today, it has surged almost twice to $75.8 million, showing a great demand from financial institutions.

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Related
After Rally to $1,600, Open Interest on Ethereum Futures Hits New All-Time High

Number of active Ethereum addresses reaches new peak

Glassnode data has also demonstrated that the amount of active addresses on the Ethereum blockchain has surged.

The 3-month average of Ethereum AA has soared above its previous all-time high and it keeps increasing.

After almost topping the $1,900 level on Saturday, this week, the second largest cryptocurrency has been trading in a range slightly above the $1,800 line.

At the time of writing, Ether is exchanging hands at $1,811, according to the data from CoinMarketCap.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.