Markets· ★★★· neutral·

Ethereum open interest drops 26% since late September

  • —ETH open interest down 26% since late September
  • —Open interest now stands at $11.8 billion
  • —Leverage back to mid-August levels
  • —Traders monitor key ETH support levels
Why it matters: Lower leverage reduces the risk of cascading liquidations and may give ETH a more stable base for its next price move.
#ETH
Source: Coinfomania
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