Ether open interest sees 26% increase as markets rally: Are traders into ETH again?
Institutional investors are buying Ether again, but a handful of factors could slow market momentum and negatively impact ETH’s rally. Key takeaways: Institutional ETH accumulation remains robust as Ether ETFs and Bitmine Immersion lead a healthy, spot-driven recovery. Lackluster DApp revenue and negative ETH funding rates suggest that traders are skeptical of the rally.
No comments yet. Be the first to add a perspective.