Bullish or Reckless? Ethereum’s Derivatives Market Flashes Red Flags
Key Takeaways: Ethereum Open Interest Surges Amid Market Recovery Ethereum’s derivatives market is showing renewed energy. Data from on-chain analytics platform CryptoQuant reveals that Ethereum Open Interest (OI) — the total value of all open ETH derivatives contracts — surged by about 10% in just one day, adding nearly $2 billion. The spike signals that…