Markets· ★★★· bearish·

Ethereum holds $2,500 as open interest drops to lowest since February

  • —ETH futures open interest fell to 12.26 million ETH, lowest since February
  • —Estimated Leverage Ratio dropped to 0.62, lowest since November 2025
  • —US spot ETH ETFs posted $85.4 million in outflows, a tenth straight day
  • —Coinbase Premium Index fell to -0.117, lowest since August 10
Why it matters: Falling leverage and ETF outflows signal weak demand but reduce the risk of a cascading long squeeze.
#ETH
Source: FXStreet Crypto
More on this
Markets · Oct 12
Binance's Ethereum futures open interest share hits 49%, highest since 2023
 Markets · 07:51
Ethereum options open interest rises to $6.03B as calls dominate
 Markets · yesterday
Ethereum Whales Flip to Shorts as Open Interest Stays Near 10.58M ETH