Leverage is back near record levels as ETH crosses $3,100. Our report shows where the pressure is building and what could snap it.
Ethereum open interest tops $24.5B as traders chase rally
Ethereum’s derivatives market has rarely looked this crowded.
4 min read
Updated: Jul. 17, 2025 at 3:59 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Leverage is back near record levels as ETH crosses $3,100. Our report shows where the pressure is building and what could snap it.
Ethereum is an open source smart contract platform and decentralized network that underpins a large share of the global crypto economy.
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