Ether Futures Open Interest Hits Record 3.7M ETH on Binance Despite 44% Price Decline
By
@cointelegraph
Baker's choice. Dense with flavour, light on filler.
Summary
Ether (ETH) futures open interest on Binance has reached a record 3.7 million ETH despite ETH price being down 44% in 2026. Binance now accounts for over 44% of total Ether futures. Analyst Darkfost notes that futures activity has improved despite geopolitical tensions and economic uncertainty, suggesting growing risk appetite among traders through increased leveraged long positions.
Key quotes
· 4 pulledEther (ETH) traders are increasing their leveraged long positions despite ETH price being down 44% in 2026.
Ether's futures open interest at Binance has climbed to a record 3.7 million ETH, with the exchange accounting for more than 44% of total Ether futures.
Crypto analyst Darkfost noted that Ether futures activity has improved despite rising uncertainty driven by geopolitical tensions and weakening economic conditions.
Binance now holds nearly 3.7 million ETH in open futures contracts, marking a new all-time high for Ether open interest on the exchange.
You might also wanna read
Bitcoin loses institutional demand as corporate treasury buying collapses from $500M daily to near zero
Bitcoin is experiencing a significant decline in institutional demand from two key sources. Spot ETF outflows have been widely reported as a
coindesk.com·2d ago
Peter Schiff Poll Shows Bitcoin Holders Remain Unwavering Even in Hypothetical $0 Crash Scenario
Economist and gold advocate Peter Schiff conducted a poll questioning bitcoin holders about what price crash would prove his bearish case co
news.bitcoin.com·3d ago
Bitcoin price flat at $62,600 despite Strategy's $101M BTC purchase as markets await Fed data
Bitcoin's price remained stagnant near $62,600 despite Strategy (MSTR) purchasing 1,550 BTC for $101 million, bringing its total holdings to
coindesk.com·3d ago
Crypto Market in Extreme Panic: Fear Index Hits 13 as Leveraged Traders Liquidated
The crypto market is experiencing extreme panic with the Fear and Greed Index at 13, indicating a capitulation phase. Total market cap is ap
Hyperliquid Whales Accumulate $64.9M in HYPE as Trader Loses $47.3M on Short and Long Positions
Hyperliquid (HYPE) whales are accumulating large amounts of the token, with one wallet withdrawing $64.9 million worth of HYPE from exchange
news.bitcoin.com·7d ago
Bitcoin Flash Crash to $61K Triggers $636M in Liquidations Amid Macro Stress
Bitcoin experienced a flash crash to $61,310, triggering a $1.73 billion liquidation wave that wiped out $636M in long positions. The crypto
news.bitcoin.com·7d ago