According to the latest report from Matrixport, Ethereum’s perpetual futures funding rate has skyrocketed to 18%+ annually, the highest level since May 2024! 🚀 Traders are buying ETH in a big way ahead of the US presidential election. The price has fallen from $3,800 to $2,500, and is now being bought at more attractive prices. Also, BlackRock CEO Larry Fink stated that Ethereum’s blockchain role could increase. 💡