Ethereum open interest hits new all-time high — Will ETH price follow?

Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period. Despite ETH's price struggles, Ether futures open interest hit a record high on March 21 source: https://cointelegraph.com/news/ethereum-open-interest-hits-new-all-time-high-will-eth-price-follow?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound