Ethereum Derivatives Mania: Positions Cross $30 Billion For First Time Ever

Description

Data shows the Ethereum derivatives market Open Interest has hit a new all-time high (ATH) following a surge in trader positioning. Ethereum Open Interest Has Crossed $30 Billion As explained by CryptoQuant community analyst Maartunn in a new post on X, the Ethereum Open Interest has seen a rise recently. The “ Open Interest ” here refers to an indicator that keeps track of the total amount of derivatives positions related to ETH that are currently open on all centralized exchanges. It includes ...