Ethereum Deleveraging Reshapes the Derivatives Landscape

Ethereum’s derivatives market is undergoing a clear reset, with open interest falling to its lowest level since mid-December while price remains relatively stable. Data from CryptoQuant shows this is not a simple exit from risk, but a redistribution of leverage across venues, with Binance standing out as an exception to the broader contraction. source: https://www.ethnews.com/ethereum-deleveraging-reshapes-the-derivatives-landscape/