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ethereum speculators are WILD, adding $654 million in bets as the price crashes to $2,800 🤯📉 liquidations
ethereum speculators doubling down with $654 million in added open interest as prices tank: high open interest post-drop signals potential for increased market volatility and further
Data shows Ethereum Open Interest increased by over 4% post sharp price drop. 📈 Ethereum and Bitcoin down more than 5% in the last day, with ETH back at $2,800. Liquidations hit $158 million, mostly long positions. Despite this, derivatives investors remain active. Ethereum Open Interest surged after the decline, up $654 million (4.3%). High metric values historically lead to crypto volatility, potentially causing more market liquidations and intense price movements. 📉📊
Ethereum speculators add $654 million in bets as price plunges to $2,800
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