First Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on Deribit

According to data from Glassnode, via Colin Wu, the open interest of Deribit ether options with a notional value of $5.6 billion exceeded the open interest of BTC options (about $4.3 billion) for the first time in history. Open interest is the total number of outstanding derivative contracts that have not been settled.