Ethereum “Open Interest” Pullbacks to $11.5B, Overheated Markets Cool Off

Ethereum, the second-largest cryptocurrency, is experiencing a decline in trader interest, as indicated by a dip in open interest (OI). This pullback in OI, after reaching its peak, suggests that the market is cooling down. According to CryptoQuant’s data, Ethereum’s OI has fallen from $13 billion to $11.5 billion, signaling a decrease in market activity.  […] source: https://coinedition.com/ethereum-open-interest-pullbacks-to-11-5b-overheated-markets-cool-off/