Ethereum Sees Market Cooldown as OI Drops to $11.5B Amid $400M Liquidations and Rising Institutional Interest

Ethereum’s open interest (OI) sees a notable decline to $11.5 billion, signaling potential market cooling. Since June 5, $400 million in Ethereum positions have been liquidated, reflecting recent market volatility. SEC closes ETH 2.0 investigation, while Pantera Capital plans a $100 million Ethereum purchase, highlighting growing institutional interest. A deep dive into

Source: CoinOtag