Ethereum open interest hits all-time high as trader predicts $30K price top

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ETH continues to show strength after breaking $3,000 and Ethereum bulls have highs hopes of five-digit prices between $15,000 and $30,000 as the top for this cycle.

Key takeaways:

Ether’s open interest has rallied 64% since June 22 to a record high of $46 billion. 

Analysts say ETH could reach as high as $30,000 this cycle, with the near-term target at $4,000.

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