Tag: open interest
Ethereum price analysis: $1.1B vanishes from ETH futures – and the rally just started
A derivatives flush wiped overleveraged shorts and flipped funding rates bullish for the first time in five days. One point one billion dollars in Ethereum open interest — the total value of active futures bets — disappeared between April 1 and April 2. The price didn’t crash. It rallied. ETH climbed to $2,136 on April…
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