Glassnode: Ethereum futures daily volume on CME surged to $75.8 million

According to Glassnode, since Friday last week, the daily trading volume of Ethereum futures on CME has almost doubled and reached $75.8 million.

CME Ethereum futures daily volume shows an almost double increase

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

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.

Read more:

Join us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like

LATEST NEWS

LASTEST NEWS