Ethereum at $2,511: futures volume jumps 74% to $36.45 billion
- —ETH futures volume rose 74% over 24 hours to $36.45 billion
- —ETH spot volume was $2.48 billion, 14 times less than futures
- —Open interest in ETH futures reached $32.86 billion
- —Spot ETH ETF inflows for the week totaled $196.9 million
Why it matters: A break above $2,550 opens the way to $3,000, but the rally is driven by futures and could quickly fade without spot demand.
Source: Invezz