Markets· ★★★· bullish·

Ethereum recovery builds toward $2,800 as Binance open interest hits January highs

  • —ETH rose to $2,775.82 with $21.9B in trading volume, near the monthly high
  • —ETH derivatives open interest reached $16B, with $6.8B held on Binance
  • —ETH gained 74.6% for the quarter and about 11% in September
  • —Exchange reserves fell to 14.8M ETH, with 3.8M on Binance
Why it matters: Rising open interest and spot accumulation signal returning risk appetite, though Binance short positioning could amplify volatility.
#ETH#BTC
Source: Cryptopolitan
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