Tag: ethereum

Ethereum's Open Interest Mirage: Proceed with Caution

Ethereum's Open Interest Mirage: Proceed with Caution

The Ethereum market is now rife with speculation, largely driven by a new spike in open interest on ETH futures. For anyone unfamiliar with the space, open interest is the overall dollar value of outstanding derivative contracts. In this context, we’re focusing specifically on futures contracts tied to Ethereum. The...

Ethereum's Open Interest The Altcoin Effect

Ethereum's Open Interest The Altcoin Effect

OverTraders.com is excited to explore, in great detail, how Ethereum’s open interest affects the evolving trading landscape today. We’ll dive into how it improves the price action of many altcoins. Investors looking to get ahead of the curve and diversify their portfolios need to have a solid understanding of these...

Ether's Exodus: The Spark Igniting the Next Price Surge?

Ether's Exodus: The Spark Igniting the Next Price Surge?

The world of crypto sure is unpredictable, huh? We are inundated with fads, foibles, and forecasts, each more spectacular than the last. In the chaos, there are always signals that stand apart, hinting at a story of hidden opportunity. Right now, I'm seeing one such signal flashing brightly for Ethereum,...

Ether Futures Open Interest Soars as Premium Dwindles

Ether Futures Open Interest Soars as Premium Dwindles

ETH futures have been on a tear in open interest, hitting an all-time high of $7.1 billion on March 21. This boost comes despite the annualized premium for ETH monthly futures having fallen to below 4%. This is a remarkable drop from 5% only two weeks ago. The move indicates...

Ether Supply Dwindles on Exchanges, Sparking Price Surge Speculation

Ether Supply Dwindles on Exchanges, Sparking Price Surge Speculation

Ether (ETH) has recently undergone a massive accumulation phase, paving the way for ETH to break out with one of the most impressive price rallies we’ve seen. The total ETH held on centralized crypto exchanges has plummeted. It’s currently as high as it has been since November of 2015, a...