Ethereum “Open Interest” Pullbacks to $11.5B, Overheated Markets Cool Off

Ethereum, the second-largest cryptocurrency, is experiencing a decline in trader interest, as indicated by a dip in open interest (OI). This pullback in OI, after reaching its peak, suggests that the market is cooling down. According to CryptoQuant’s data, Ethereum’s OI has fallen from $13 billion to $11.5 billion, signaling a decrease in market activity. The post Ethereum “Open Interest” Pullbacks to $11.5B, Overheated Markets Cool Off appeared first on Coin Edition .

Source: Coin Edition