Ether Eyes $1,500 Support After 25% Open-Interest Decline

ETH

ETH/USDT

$1,880.66

-0.04%

$1,880.66

-0.04%

(24s)

24h Volume

$1,769,651,154.56

24h H/L

$1,886.58 / $1,876.01

Change: $10.57 (0.56%)

Long/Short

66.6%

Long: 66.6%Short: 33.4%

Funding Rate

+0.0044%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$1,880.72

▼ -0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,047.57

Resistance 2$1,932.92

Resistance 1$1,886.53

Price$1,880.72

Support 1$1,878.64

Support 2$1,838.57

Support 3$1,792.11

Pivot (PP):$1,881.75

Trend:Sideways

RSI (14):50.7

Cointelegraph Staff

(09:21 PM UTC)

1 min read

Verified byMichael Roberts

0 comments

The Ether (ETH) futures market saw its open interest (OI) on Gate.io fall by 45% to levels last seen in April 2025. At the same time, nearly 480,000 ETH left Binance, OKX, Gemini and Bitfinex over the past few days, reducing the exchange-held supply.

The combined shift highlights a market with less leverage and declining exchange balances, placing greater focus on the $1,500 support zone…