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Market Share of Ethereum Open Interest Reaches New High Since April 2023

Summary: According to reports, Glassnode has stated that the market share of Ethereum's open interest has climbed to nearly 40%, the highest level since April 2023. Only 5% of trading days in history have had a higher share. This shift marks a significant change in speculative focus, with funds gradually moving from Bitcoin to Ethereum.

According to reports, Glassnode has stated that the market share of Ethereum's open interest has climbed to nearly 40%, the highest level since April 2023. Only 5% of trading days in history have had a higher share. This shift marks a significant change in speculative focus, with funds gradually moving from Bitcoin to Ethereum.

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