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

ETH

ETH/USDT

$2,459.99

-2.47%

$2,459.99

-2.47%

(24s)

24h Volume

$9,975,431,231.79

24h H/L

$2,532.21 / $2,431.61

Change: $100.60 (4.14%)

Long/Short

60.2%

Long: 60.2%Short: 39.8%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Ethereum

Daily

$2,458.24

▲ 0.10%

Volume (24h): -

Resistance Levels

Resistance 3$2,855.08

Resistance 2$2,593.80

Resistance 1$2,516.30

Price$2,458.24

Support 1$2,445.59

Support 2$2,316.57

Support 3$2,190.00

Pivot (PP):$2,478.04

Trend:Uptrend

RSI (14):62.8

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…