ETH futures open interest hits a record high of approximately $35.5 billion
According to a report by Jinse Finance, citing charts released by @glassnode, Ethereum (ETH) futures open interest has reached a record high of approximately $35.5 billion, while the spot price has climbed above $4,590. Leverage levels across trading platforms have risen again, and as position concentration increases, this sets the stage for greater volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Yilihua: ETH is severely undervalued, no more swing trading in the short term
OpenAI, Anthropic, and Block establish the Agent AI Foundation (AAIF) and contribute the open-source AGENTS.md standard
Bitget launches the 6th VIP promotion event: Upgrade to Contract VIP 1 and unlock 15,000 BGB
Trending news
MoreCrypto prices
More
