The total contract trading volume and open interest across the network are still 70.5% and 6% below the annual highs of January and February
According to Coinglass data, as of May 19, the total trading volume of contracts across the network was $305.47 billion; the total open interest of contracts was $142.036 billion. In comparison, on January 19 of this year, the peak total open interest across the network was $150.615 billion; on February 4 of this year, the peak total trading volume across the network was $563.018 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US prosecutors deny pressuring FTX executives to plead guilty
A whale sold part of their WBTC holdings and fully liquidated ETH, realizing a loss of $26.348 million in 4 months.
Banmuxia: Bitcoin's likely support range is between $81,800 and $74,800
Bitmine continues to accumulate ETH, with unrealized losses exceeding $4 billion
