ETH open interest falls to 3-year low: What does it mean for Ether price?

Traders say Ethereum’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500. source: https://cointelegraph.com/news/eth-open-interest-falls-to-3-year-low-what-does-it-mean-for-ether-price?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound