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Event ends: August 9, 16:00 UTC
More details: https://www
CoinVoice has learned that, according to data from CryptoQuant, after the Bitcoin price broke 120,000 USD, the landscape of the Crypto Assets market has undergone significant changes. The data shows that the price of Ether has risen 170% from its recent low, only 23% away from its historical high of 4,871 USD. One of the main factors driving this round of rise is SharpLink's investment of 1.3 billion USD to purchase 438,190 coins of ETH.
The crypto assets derivatives market data shows that the trading volume of altcoins and Ethereum futures contracts has reached $22.36 billion, setting a new 5-month high. Notably, in centralized exchanges, the futures trading volume of altcoins and Ethereum accounts for 83% of the total, while Bitcoin futures trading volume only accounts for 17%.