Ethereum Futures OI Skyrockets: Unprecedented $35.5 Billion Peak Signals Volatility
The cryptocurrency market often surprises observers. Recently, Ethereum (ETH) has captured significant attention. Its futures open interest (OI) has reached an unprecedented milestone. This crucial metric climbed to approximately $35.5 billion. This surge occurred as the spot ETH price neared $4,590. Glassnode, a prominent on-chain analytics firm, reported this development via X. They highlighted that […]
