ETH futures open interest hits a record high of approximately $35.5 billion
According to a report by Jinse Finance, citing charts released by @glassnode, Ethereum (ETH) futures open interest has reached a record high of approximately $35.5 billion, while the spot price has climbed above $4,590. Leverage levels across trading platforms have risen again, and as position concentration increases, this sets the stage for greater volatility.
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