
Ethereum News: Open Interest Dominance Skyrockets to 40% as Traders Dump Bitcoin
Ethereum’s open interest (OI) dominance in perpetual futures markets has surged to nearly 40%, marking a pivotal shift in speculative capital allocation within the cryptocurrency space. This level represents the highest OI dominance for Ethereum since April 2023, signaling a notable reallocation of trader attention from Bitcoin to Ethereum. Why is Ethereum’s Open Interest Dominance […]