Binance’s ETHUSDT futures open interest rose 2.3% in ETH between Oct. 6 at 00:00 UTC and Oct. 8 at 21:00 UTC, while its USDT value fell 6.6%.
ETH exposure fell 2.85% from midnight to 21:00 UTC on Oct. 8 but remained above the Oct. 6 level. A lower dollar value alone does not establish that positions were closed, and open interest alone does not show how traders are positioned.
ETH exposure fell 2.85% from midnight to 21:00 UTC on Oct. 8 but remained above the Oct. 6 level. A lower dollar value alone does not establish that positions were closed, and open interest alone does not show how traders are positioned.