Ethereum (ETH) has had a pretty active and interesting few weeks. Now, the currency is breaking a new record in the daily volume of Ethereum (ETH) futures, while accumulating extraordinary gains.
Ethereum, the latest developments
On Sunday, Ethereum’s futures trading volume reached a new all-time high of just under $14 billion, according to data presented by Skew Analytic.
To put it in perspective, it represents a 45% increase from the previous high reached on July 27.
Skew also reported that nearly 80% of the total trading volume of ETH futures was concentrated in the Huobi, OKEx and Binance crypto exchanges.
What is interesting is that this happens precisely at a time when ETH market valuation has not stopped increasing extraordinarily.
In fact, according to Glassnode, more than 90% of the crypto users who own the crypt currency have made profits from the recent rise.
That is, more than 90% of users acquired ETH before its price increased, explained Anthony Sassano on Twitter.
For the first time in two years, Ethereum (ETH) exceeds $400
Twitter Hack Update: Guilty Man Has $3.3 Million in Crypto Currencies
In the latest version of the Crypto Summary, we reported from Bitcoin Billionaire that Graham Clark’s arrest for hacking Twitter had been made, where crypto currencies were involved.
Two other teenagers were subsequently arrested, one in Naples, Florida and the other in Bognor Regis, a spa in England.
An interesting fact that was revealed, is that the investigators achieved the arrests thanks to the KYC records obtained from Binance and CoinDesk.
Authorities have set bail at $725,000 for Graham Clark according to the Tampa Bay Times.
Another interesting fact revealed by Clark’s lawyer during the hearing is that the teenager controls at least 300 Bitcoins, worth approximately $3.3 million. Funds that were authorized to be used to post the teen’s bail.