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

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Wed, 17/02/2021 - 16:56
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.

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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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