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CryptoQuant analyst: ETH open interest has increased by about $1.5 billion in the past three weeks

CryptoQuant analyst: ETH open interest has increased by about $1.5 billion in the past three weeks

Odaily2024/07/29 08:43
By:Odaily
Odaily News CryptoQuant analyst Burak Kesmeci disclosed data showing that Ethereum open interest has increased by about $1.5 billion in the past three weeks. Burak believes that with the increase in leveraged trading, liquidation becomes inevitable, which in turn brings high volatility, so open interest is one of the data points that needs to be closely monitored.
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