via Cointelegraph · By Cointelegraph Staff
Ether Eyes $1,500 Support After 25% Open-Interest Decline
ETH/USDT
$8,048,066,398.20
$1,807.65 / $1,748.79
Change: $58.86 (3.37%)
+0.0022%
Longs pay
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…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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