Ethereum Traders Are Flooding Binance: Here's What It Means - Crypto News Flash

Binance's Ethereum Futures Open Interest Surges 41%... "Sign of Increased Institutional Participation"

An analysis has emerged that institutional buying pressure is expanding in the Ethereum (ETH) futures market. On the 23rd, cryptocurrency specialist m

Ethereum Futures Surge 41% on Binance, Signaling Strength Behind Rally

The significant jump highlights growing confidence and institutional participation in Ethereum’s futures market. Currently, Ethereum’s total open interest across all exchanges stands at approximately $17 billion, with Binance accounting for about 30%—solidifying its role as the dominant derivatives venue for ETH. “This 41% surge in OI suggests Ethereum’s price rally is being driven by more than just spot market hype—it’s supported by structured …

Ethereum Traders Are Flooding Binance: Here's What It Means - Crypto News Flash

Ethereum open interest on Binance jumped 41% in 30 days, highlighting increased futures activity and institutional involvement. Major ETH outflows from exchanges suggest reduced sell pressure and growing long-term holder confidence. There is something interesting about Ethereum’s recent movement and it’s not just about the drastic price increase. According to CryptoQuant, in the last 30 days, Ethereum’s open interest (OI) on Binance has skyrocke…