PANews August 12 news, according to The Block data, CME Ethereum futures trading volume in July hit a record high of $118 billion, an increase of 82% month-on-month.
The open interest size surged from $2.97 billion in June to $5.21 billion, an increase of 75%. In addition, the total global Ethereum futures trading volume reached $21.2 trillion in July, a year-on-year increase of 38%, surpassing the historical high of $18.7 trillion in May 2021. The price of Ethereum broke through $4,300 on August 9, the highest level since December 2021, and Google search volume also reached a new high since June 2022.
