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Ethereum & DeFi

ETH open interest falls to 3-year low: What does it mean for Ether price?

1 min read
ETH open interest falls to 3-year low: What does it mean for Ether price?

Ether's open interest has dropped to a three-year low, raising concerns among traders about the implications for its price. Analysts suggest that the declining open interest and low futures funding rates could pave the way for a potential short squeeze, potentially driving Ether's price towards $2,500.

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Source: CoinTelegraph · Report an issue

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