Ethereum has rallied 32% to reach $4,518, though surprisingly weak demand for leveraged bullish positions in derivatives markets raises sustainability questions as layer-1 competitors gain corporate traction. Despite the price surge, ETH futures open interest achieved a historic $60.8 billion… Read More »Ethereum Hits $4,518 Amid Record Leverage Activity, Yet Bullish Sentiment Remains Subdued
Ethereum derivatives trading has reached unprecedented levels with open interest (OI) on the Chicago Mercantile Exchange (CME) hitting a record $7.85 billion. This surge in institutional investment signals robust confidence in ETH’s long-term prospects amid growing cryptocurrency market sophistication. Technical… Read More »Ethereum Derivatives Demand Hits Record $7.85B on CME Despite Overbought Signals
More than $5.8 billion worth of Bitcoin and Ethereum options contracts are due to expire today, potentially triggering significant short-term market movements. The high-value expiry event involves approximately 41,000 Bitcoin (BTC) options and 240,000 Ethereum (ETH) options, according to derivatives… Read More »$5.8 Billion in Bitcoin, Ethereum Options Set to Expire Amid Market Volatility Concerns
A major cryptocurrency trader has significantly reduced its Ethereum exposure on derivatives platform Hyperliquid, closing a long position of 12,003.10 ETH valued at approximately $36.96 million. The wallet address (0x4a2) executed this reduction while preserving a substantial leveraged position in… Read More »Whale Trims $37 Million Ethereum Long Position on Hyperliquid While Maintaining Leveraged Bet
A high-conviction Ethereum whale has generated approximately $13.88 million in unrealized profits through a significant short position targeting the cryptocurrency. The trade involved 50,000 ETH tokens initiated at an entry price of $2,725 per ETH, employing 10x leverage with a… Read More »Ethereum Whale Nets $13.88 Million Floating Profit on 50,000 ETH Short Position