Ether futures open interest hits all-time high as ETH price tops $4.5K — Will it last?
ETH futures hit record open interest, but weak leverage demand and rising layer-1 rivals cast doubt on the sustainability of Ethereum’s recent price rally.
Key takeaways:
Ether derivatives data shows weak demand for leveraged bullish positions.
Corporations and TradFi favor independent layer-1 chains, challenging Ethereum’s dominance in decentralized finance.
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