Ethereum leverage has cooled after a solid flush.
Binance open interest dropped from around $7B in late September to roughly $5.7B by late October, a decline of about $1.3B.
$ETH is holding near $2.32K as of Oct 27.
A lot of excess positioning got cleared over the past month.
Could be healthier if leverage stays contained, but the market still looks cautious for now.
GM to everyone still choosing terms instead of just chasing the highest number
Daily reminder: the Golden Bridge Event on @cassator ends October 29.
Only a couple of days left, so itβs worth locking in your preferred duration (30 / 90 / 180 / 360 days) first, early access depends on the plan you pick, not just the APY on the screen.
Rates currently run from 22.4% up to 62.6% depending on the term.
Choose the lock-up that fits your plan, then the rate.
Join here: https://t.co/rlRjBIn7SF