Bitcoin contract holdings have reached a value of $26.1 billion, while Ethereum contracts have climbed to $11.45 billion, according to recent data.

Cryptocurrency markets have achieved a significant milestone as contract holdings for Bitcoin (BTC) and Ethereum (ETH) on exchanges have reached unprecedented levels, as reported by CoinGlass.

Binance has set a new record with Ethereum contract holdings surpassing $3.8 billion. The distribution of contract holdings across various exchanges indicates a notable concentration in major platforms.

In the case of BTC, the Chicago Mercantile Exchange (CME) and Binance are at the forefront. CME holds 137.20K BTC valued at $7.79 billion, representing 30.02% of the total, while Binance holds 109.73K BTC worth $6.24 billion, accounting for 24.04% of the total.

In the ETH market, Binance leads with 1.15 million ETH valued at $3.74 billion, capturing 33.19% of the total. This is followed by Bybit with holdings of $2.07 billion and OKX with $1.59 billion.

The latest figures showcase the growing importance of contract holdings in the cryptocurrency market, with significant contributions from key players such as Binance and CME.

For more insights and updates on the cryptocurrency market, stay tuned to Global Crypto News.

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