Ethereum's open interest market share climbs to its highest level since April 2023

This article is machine translated
Show original

On July 29, glassnode reported that Ethereum's open interest market share has risen to nearly 40%, the highest level since April 2023. Historically, only 5% of trading days have had a higher percentage.

This change marks a significant shift in speculative focus, with funds gradually moving from Bitcoin to Ethereum.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments