Tag: open interest

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...

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...