$ETH open interest is up 2.6% over 7d while price gained 0.93%. Funding sits at 3.7% annualized, with a 2.29 long/short account ratio.
The derivatives build is running ahead of the spot move. That ratio counts accounts, not position size, so it can’t show whether a few large shorts outweigh the long crowd. Still, positioning is leaning hard in one direction right now.
This is not financial advice. Do your own research.
The derivatives build is running ahead of the spot move. That ratio counts accounts, not position size, so it can’t show whether a few large shorts outweigh the long crowd. Still, positioning is leaning hard in one direction right now.
This is not financial advice. Do your own research.
