The total un settled positions of ETH contracts across the network reach $1.3115 billion
Publication Time:2024-08-04 05:16:06
Data released by Coinglass platform shows that the total un settled positions of ETH futures contracts across the network reached 4,552,700 ETH, equivalent to approximately $1.3115 billion in USD. This figure reveals the market's expectations and participation in Ethereum's future trends. Specifically, Binance exchange's ETH contract un settled positions accounted for a significant portion, totaling 1,460,000 ETH, equivalent to about $4.205 billion, ranking first. This indicates that active traders on major trading platforms have high confidence or interest in the Ethereum market. As the un settled positions increase, market volatility may also intensify, and investors need to closely monitor this to formulate appropriate strategies.
Ethereum
Cryptocurrency
un settled positions
futures contract