Ethereum Open Interest Reaches New High Since April 2023

By: theblockbeats.news|2025/07/29 10:52:22
0
Share
copy

BlockBeats News, July 29th, Glassnode released a post stating that Ethereum's open interest contract market share has risen to nearly 40%, reaching its highest level since April 2023. In history, only 5% of trading days have had a higher share.

This change signals a significant shift in speculative focus, with funds gradually moving from Bitcoin to Ethereum.

You may also like

Trove ICO Oversubscription Controversy, Ethereum ERC-8004 Standard Released, What's the Overseas Crypto Community Buzzing About Today?

What have foreigners been most interested in the past 24 hours?

After Forty Years of Sanctions, How Iran Is Rebooting Financial Channels Through Crypto

Under long-term high-intensity sanctions, Iran has gradually integrated cryptocurrency into its national financial system to circumvent sanctions, sustain its proxy network, and establish an alternative geopolitical financing pathway outside traditional finance.

North Korean Hackers Enjoy 'Fat Years': Stole Record Amount in 2025, With Money Laundering Cycle of About 45 Days

The cryptocurrency industry saw thefts exceeding $3.4 billion in 2025, with the Bybit attack in February alone resulting in a $1.5 billion loss.

What’s Driving Crypto Markets in Early 2026: Market Swings, AI Trading, and ETF Flows?

Imagine checking Bitcoin and Ethereum prices in a day — one minute up 5%, the next down 4%. Sharp moves, quick reversals, and sensitivity to macro signals marked the first week of 2026. After an early-year rally, both assets pulled back as markets recalibrated expectations around U.S. monetary policy and institutional flows. For traders — including those relying on AI or automated systems — this period offered a vivid reminder: abundant signals do not guarantee clarity. Staying disciplined in execution is often the real challenge.

Glassnode New Year Report: $95K Call Option Premium, Bulls Shift to Aggressive Offense

The market is gradually shifting from a predominantly defensive selling mode to a phase of selectively increasing risk exposure and rebuilding participation.

Base contributes 70% of revenue but pays only 2.5% in rent; Superchain may be entering its "forking" countdown

The balance of benefits and control between Superchain and Base has become severely skewed, with OP holders facing significant risks.

Popular coins

Latest Crypto News

Read more