The open interest in Ethereum futures contracts has hit a new all-time high, with a 24-hour increase of over 11.12%.

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On August 9, according to Coinglass data, market participants continued to increase their bets on Ethereum's trend, with the total network Ethereum futures contract open interest once again breaking through $58 billion, reaching a historical high of $58.54 billion. On July 9, Ethereum futures contract open interest was $35.58 billion, with an increase of over 64.5% in the past 30 days and over 11.12% in the past 24 hours.

Additionally, the total network Bitcoin futures contract open interest is currently reported at $78.93 billion, falling by over 2.04% in 24 hours.

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