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

According to PANews on July 29th, Glassnode published an article on the X platform stating that Ethereum's open interest has climbed to nearly 40% of the market, the highest level since April 2023. Historically, only 5% of trading days have had a higher share. This change marks a significant shift in speculative focus, with funds gradually flowing from Bitcoin to Ethereum.
Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
Trump discusses the situation in the Strait of Hormuz and details of the agreement with Iran with Pakistan's Army Chief of Staff.
PANews Newsflash