Chicago Mercantile Exchange (CME), one of the world’s largest futures exchanges, has surpassed Binance again after a two-year break.
CME took the top spot among futures exchanges following the activity in the market throughout the week. According to CoinGlass data, the value of open positions on the stock market increased by 4% in the last 24 hours and increased by approximately to $4.07 billion output.
Value of open positions on Binance against CME, which reached a market share of 24.7% decreased by 7.8% to 3.8 billion dollars declined.
The change in Bitcoin and Ethereum prices the other day, hundreds of millions of dollars led to the liquidation of the position. Total value of open positions in the market 2 billion dollars There was a decline. Investors on Binance were hit harder than those on CME.
by BlackRock iShares Ethereum Trust With the record made for Bitcoin price, it first reached the highest level of the last 18 months. for $38,000 came out, then restarted below $37,000 landed.
Binance CEO Changpeng Zhao said, regarding their lagging behind CME: “Institutions in the US are taking action towards crypto” attention pulled.