The open interest of Ethereum futures contracts across the network exceeded US$52 billion, setting a new record high

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On July 20, according to Coinglass data, market participants continue to increase their bets on Ethereum's trend. The total network's Ethereum futures contract open interest has maintained an upward trend for over a month. After breaking through $50 billion on July 17, it further surpassed $52 billion today, setting a new historical high.

The current open contract position is 14.31 million ETH, equivalent to approximately $52.14 billion, with a 24-hour increase of 0.74%. Among these, Binance's Ethereum contract open interest is $9.33 billion, ranking first; CME's Ethereum contract open interest is $6.81 billion, ranking second.

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