Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

The on-chain analytics firm Glassnode has revealed how the Ethereum futures market is still overheated despite the long squeeze that just occurred. Ethereum Open Interest Still Notably Above The Yearly Average In a new volatility inside this window. Sharp price action usually means chaos for the derivatives side of the sector and indeed, a large… Continue reading Ethereum Leverage Elevated Despite Long Squeeze, Glassnode Says

Ethereum Open Interest Hits Record High Of $17 Billion — Bearish Or Bullish For ETH Price?

The price of Ethereum has been on a remarkable run in the past week, returning above the $3,500 level for the first time since July 2024. This single-week performance represents a change in the fortunes of the “king of altcoins,” which somewhat slowed down after a great start to the month of November. While the… Continue reading Ethereum Open Interest Hits Record High Of $17 Billion — Bearish Or Bullish For ETH Price?

Ethereum Open Interest Sets New Record, Analyst Says Fireworks ‘Guaranteed’

Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new Open Interest” here is an indicator that keeps track of the total amount of ETH-related derivatives positions currently open on all centralized exchanges.… Continue reading Ethereum Open Interest Sets New Record, Analyst Says Fireworks ‘Guaranteed’

Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility?

Data shows the Ethereum Open Interest has witnessed some sharp growth recently, a sign that more volatility could be coming for the asset’s price. Ethereum Open Interest Has Now Risen To $9.7 Billion As explained by an analyst in a CryptoQuant Quicktake Open Interest” is an indicator that keeps track of the total amount of… Continue reading Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility?

Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge

Data shows that Bitcoin (BTC) Open Interest plummeted during the latest market retrace, but Solana (SOL) and Ethereum (ETH) have been resilient. Solana & Ethereum Open Interest Has Only Seen A Mild Retrace According to data from the analytics firm Open Interest” here refers to a metric that keeps track of the total amount of… Continue reading Solana, Ethereum Attract Traders Amid Bitcoin Open Interest Plunge

Ethereum Open Interest Drops 40% In August – What’s Happening?

Several large-cap assets, including Bitcoin and Ethereum, struggled to make a mark in the past week, as the general market suffered a steep downturn in prices. According to various analyses, the market was negatively impacted by some recent macro developments in different countries. This significant decline has had a widespread effect on the market sentiment,… Continue reading Ethereum Open Interest Drops 40% In August – What’s Happening?

Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So

A quant has explained how a pattern currently forming in the Ethereum Open Interest could imply the altcoin season is coming “sooner than expected.” Altcoin Season May Be Approaching Soon Based On Ethereum Pattern In a CryptoQuant Quicktake post, an analyst has discussed about why an altcoin season may be coming soon for the cryptocurrency… Continue reading Altcoin Season Soon? Quant Says This Ethereum Pattern Could Suggest So

Ethereum To See Fresh Move Soon? What Futures Data Says

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake Open Interest” here refers to the total number of derivative-related contracts open for… Continue reading Ethereum To See Fresh Move Soon? What Futures Data Says