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By Dalmas Ngetich at 2026-05-09 07:30
Sentiment: Negative
Ethereum prices unexpectedly crashed on May 24, sending the coin below last week’s lows towards the $1,800 psychological level. Following this dump, on-chain data from Coinanalyze reveals that there has been a sharp drop in open interest, suggesting that some traders were caught unaware and had to exit their positions. Ethereum’s Open Interest Dropping On […] Continue reading...
Categories: Ethereum
Tags: #Ethereum #binance #Crypto Trading #Derivatives trading #dYdX #ETH #Ethereum trading #liquidations #OKX #open interest
Source Bitcoinist