Can ETH hold $2,700 as selling pressure rises?
- —ETH open interest rose from $18B to $18.7B over the weekend
- —Open interest peaked at $19.9B on October 2, the highest since November 2025
- —Binance selling CVD has been negative since August, with a sharp dip on October 2
- —Hyperliquid ETH open interest at $3.3B tops BTC's $3.24B
Why it matters: Hyperliquid shorts are vulnerable above $2,800 while longs defend $2,600 — a break either way could trigger cascading liquidations.
Source: Cryptopolitan