Ethereum Open Interest on Binance Surpasses $10 Billion as Short Positions Surge

Ethereum’s (ETH) open interest on Binance has reached a new record high, now standing at approximately $10.75 billion. This significant milestone comes amid a dramatic surge in short positions, which have increased by 500% since November 2024 and by an additional 40% in the last week alone. This combination of high open interest and a …

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