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    Home»Ethereum»Cryptocurrency exchange contract holdings hit record highs
    Ethereum

    Cryptocurrency exchange contract holdings hit record highs

    msmarkBy msmarkFebruary 27, 2024No Comments1 Min Read
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    Cryptocurrency exchange contract holdings hit record highs
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    Bitcoin contract holdings are now valued at $26.1 billion, while Ethereum contracts have climbed to $11.45 billion.

    Data from CoinGlass shows that cryptocurrency markets have hit a new milestone, with contract holdings on exchanges for Bitcoin (BTC) and Ethereum (ETH) reaching unprecedented levels.

    Binance’s ETH contract holdings have surged past $3.8 billion, setting a new record. The distribution of contract holdings across various exchanges reveals a significant concentration in major platforms.

    For BTC, the Chicago Mercantile Exchange (CME) and Binance are leading, with CME holding 137.20K BTC valued at $7.79 billion, 30.02% of the total, and Binance holding 109.73K BTC worth $6.24 billion, 24.04% of the total.

    Similarly, in the ETH market, Binance dominates with 1.15 million ETH valued at $3.74 billion with 33.19% of the total, followed by Bybit holding $2.07 billion and OKX with $1.59 billion.


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