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CoinGape
2022-01-19 13:58:15

Ethereum’s Futures Open Interest hit a 3-month low, what does this mean for the market?

Ethereum’s Futures Open Interest hit a 3-month low, what does this mean for the market?

Ethereum (ETH) futures open interest (OI) have nosedived to three month low on the Bitfinex cryptocurrency exchange. Coming after the recent massive futures market sell-off, the plunge in OI could spell some trouble for the Ether market. Is Ethereum futures getting liquidated? According to data from the dashboard of leading crypto market intelligence firm, Glassnode, The post Ethereum’s Futures Open Interest hit a 3-month low, what does this mean for the market? appeared first on CoinGape.

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