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via CoinDesk · By CoinDesk Staff
Ether news: ETH slides below $2,000 while futures open interest hits record high
ETH
ETH/USDT
$1,883.79
+0.10%
$1,883.79
+0.10%
(24s)24h Volume
$1,500,976,178.24
24h H/L
$1,886.58 / $1,877.01
Change: $9.57 (0.51%)
Long/Short
67.0%
Long: 67.0%Short: 33.1%
Funding Rate
+0.0047%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(07:19 AM UTC)
1 min read
Diverging trends: Ether slides below $2,000 while futures open interest hits record high of 16 million ETH
Ether drops below $2,000 amid heavy selling pressure, yet futures open interest hits a record high. This divergences suggests aggressive shorting.
Ether’s (ETH) price sell-off is gathering steam amid broader market risk aversion. Yet its futures market is busier than ever, creating a…
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