Crypto soothsayer
@cryptosayer
💎 Open interest in ETH futures on Binance has reached a new all-time hig…
💎 Open interest in ETH futures on Binance has reached a new all-time high, according to CryptoQuant data The surge suggests traders are becoming increasingly willing to take on risk again, with a growing share of positions reportedly leaning toward the long side. Rising open interest typically signals fresh capital entering the market and stronger speculative activity. While record positioning reflects renewed confidence in Ethereum, it also raises the stakes: crowded leverage can amplify both upside breakouts and sharp liquidations. For now, traders appear to be betting that ETH still has room to run. 🚀
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