Ethereum Open Interest Reaches New High Since April 2023

By: theblockbeats.news|2025/07/29 10:21:59

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.