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@ Layer3.news
2025-06-17 03:01:50
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RECORD‑HIGH ETHEREUM OPEN INTEREST SIGNALS INSTITUTIONAL CONFIDENCE
https://www.newsbtc.com/wp-content/uploads/2025/06/A_16c791.png?resize=969%2C295
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✍️ Ethereum's futures open interest reached a yearly high of $36.56 billion, causing prices to bounce back above $2,600 and testing a multi-year resistance level.
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👉 Futures open interest in ETH reached a yearly high of $36.56 billion
👉 Prices bounced back above $2,600 and tested a multi-year resistance level
👉 Traders piled into new positions, setting the stage for a big move in either direction
👉 ETH rose about 4.5% in a single session
👉 US spot funds tied to Ethereum saw a small outflow of $2.18 million
👉 Weekly inflows still totaled $528.12 million, pushing total assets under management in these ETFs beyond $10 billion
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#technology
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