Ethereum futures open interest hits $20B all-time high: Will ETH price follow?

Ethereum futures data shows momentum, with ETH price more than doubling since April lows, increasing the chance of a rally to $4,000 in the coming weeks.

Key takeaways:

Ether’s price has rallied 108% to $2,880 since April 9. 

ETH futures open interest hit all-time highs of $20 billion, signaling bullish sentiment.

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