CME traded Ethereum 
$4,609.87 The open position (OI) value in the futures transactions has exceeded $ 10 billion and broke a new record. While the increase in corporate demand attracted attention, Tom Lee announced that it aims to have 5 percent of ETH supply.
Historical growth in Ethereum maturity
CryptoquantAccording to the data CME Ethereum Futures OperationsFor the first time in history, the OI increased to over 10 billion dollars. The number of $ 10 billion refers to the total market value of active contracts. In addition, the number of investors with a large open position rose to a historical level with 101 in the beginning of August.
In addition to 50 ETH standard contracts in CME, 0.1 pieces Eth‘microlashes also attract intense interest. There are more than 500,000 open contract in micro contracts, while the option market was recorded over $ 1 billion. Besides that SosovalueAccording to the data provided by the Spot traded in the USA Ethereum ETF3.69 billion dollars from the beginning of August to the entrance to $ 3.69 billion. With this introduction, the total entry amount to Ethereum ETFs rose to $ 13.64 billion.
Another data that supports corporate appetite is Blackrock’s Ethereum ETFin. The world’s largest asset management company attracted 67,899 ETH, ie approximately 314.9 million dollars on 25 August.
ETH Coin, which was traded for $ 4,584 with current data, rose to the highest level of all time on August 24 at $ 4,953.
Tom Lee’s Bitmine’s 5 percent share target in ETH
Famous analyst Tom Lee‘s financial directed, ETH’s 5 percent of the supply aims to have. Currently, 1.7 million ETH, which currently holds, needs to buy 4.3 million ETHs to achieve this goal. In other words, the company needs to invest in an additional $ 19.5 billion at existing prices.
Finishing‘s recent moves in this direction shows that. The company’s treasury grew 2.2 billion dollars in just a week. There is also a new purchase of 190,000 ETH, ie 873 million dollars. Thus, the total existence of the ETH under the control of the company increased from 1.52 million to 1.71 million, while the total asset value under the management of the company rose to 8.8 billion dollars.
Lee has been looking optimistic at crypto coins for a long time. Bitcoin 
$113,112.31 It has a price of $ 1 million for $ 1 million and 60,000 dollars for Ethereum. Moreover crypto currencyIt is known for its comparison with the universal basic income model in which early entering earnings earn the most.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
