Ethereum ($ETH ) is priced right around the key $2,500 level, with little short-term directional movement. The current price is 2,502.05 USDT, up 0.25% over 24 hours, with a range of 2,493.06–2,519.51, a 1.1% amplitude, and $435 million in spot trading volume. The perpetual funding rate is -0.0105% (settled every 8 hours), meaning shorts are paying, though the rate is very small; open interest is about 2,325,247 ETH, worth approximately $5.818 billion. The long/short ratio across accounts is 2.95, while the large-trader position long/short ratio is 1.57: retail accounts are more crowded on the long side, while large traders are less heavily skewed long. Visible liquidations over 24 hours total about $6,019, indicating very little leverage has been flushed out. The 7-day high is 2,739.5 and the low is 2,406.11, putting the current price about 29% of the way through the range and still near its lower end. Spot briefly quoted 2,499.96, so $2,500 has not yet been firmly reclaimed. TVL on two related bridges rose 39.7% to $493 million and 20.1% to $62.69 million, respectively, over 24 hours, diverging from the narrow spot-price range. Key things to watch are whether $2,500 can be reclaimed and held, and whether the negative funding rate persists.
#ETH #Futures data