⚙️ $ETH Open Interest
$26.0B in open futures bets, down 4.4% in 24h and down 6.4% on the week. Binance holds 25.3% · CME 8.8%
🧠 Exposure has been shrinking all week. The tell to watch: open interest flattening out while price holds a level. Sell-offs often calm down when the forced sellers are done, not when the news gets better.
🧵 (1/2)
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