According to a post by The Block research director @lars0x, multiple indicators in the crypto market hit record highs in December 2024. The on-chain transaction volume of stablecoins increased by 20.3% to a new high of $1.41 trillion, with USDT accounting for 79.2%. BTC miners' income increased by 18.9% to $1.44 billion, and ETH stakers' income increased by 30.2% to $342 million. A total of 47,064 ETH were destroyed in December, about $174.4 million. Ethereum NFT market transaction volume increased by 350.7% to $884.8 million.
Legal CEX spot volume increased by 6.8% to $2.01 trillion, with BTC spot ETFs having a monthly net flow of $4.6 billion. Bitcoin futures open interest decreased by 9.4%, while ETH futures open interest increased by 0.5%. BTC monthly futures volume decreased by 7.4%, while ETH futures volume increased by 9.6%. BTC options open interest decreased by 36%, while ETH options open interest decreased by 30.2%.
