Aggregated open interest on Bitcoin, Ethereum options hit all-time highs this weekend
The aggregated open interest on bitcoin options reached $4.53 billion on Nov. 22, having grown $1.13 billion since Nov. 15.
That’s nearly a 25% increase in a week, according to data from The Block Research.
In addition to Bitcoin, the aggregated open interest on Ethereum options reached $780.05 million. Ethereum option open interest jumped $221.09 million, or 39.5%, in a week, according to The Block Research.
Open interest on crypto options has been rising steadily since October, setting all-time highs in the months prior.
© 2020 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: MK Manoylov