Ether's Deepest 'Backwardation' Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split – CoinDesk

Ether's Deepest 'Backwardation' Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split – CoinDesk

“The ETH futures market has been digesting the possibility, as basis is currently negative, coalescing around the December 2022 expiry,” said Ainsley To, a senior research analyst at Genesis Global Trading, which is owned by Digital Currency Group, CoinDesk’s parent company.


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