Ethereum Denominated Open Interest Skyrockets As Price Declines

Ethereum has seen more interest in recent days. Most of it has come from the price decline of the digital asset which has allowed investors to get in at a much lower price. This interest can be easily seen in the rise of the Ethereum-denominated open interest. In the last week, this has risen dramatically. Mostly, it has been managing funds that have been at the forefront of this increase.

Ethereum Open Interest Soars

For the better part of the past month, the…


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