BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC’s on Deribit

BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC’s on Deribit

According to data from Glassnode, via Colin Wu, the open interest of Deribit ether options with a notional value of $5.6 billion exceeded the open interest of BTC options (about $4.3 billion) for the first time in history. Open interest is the total number of outstanding derivative contracts that have not been settled.

Originally Posted on: https://www.coindesk.com/markets/2022/08/01/first-mover-americas-btc-retreats-from-weekend-high-of-24k-eth-options-open-interest-surpasses-btcs-on-deribit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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