For most of the week, the Ethereum price has remained in a range-bound spell, putting in no significant movement outside of the $3,000 and $2,880 price boundaries. Amid rising speculations, an on-chain analysis has recently been put out, which provides an answer to the question. Open Interest Across Exchanges Falls To $17 Billion In their…
View More Ethereum Open Interest Declines Across Exchanges, Binance Stands Out — Details
XRP’s open interest has reportedly crashed to lows not seen since last year, when the altcoin surged by around 600%. On-chain analytics platform CryptoQuant noted that this development could be bullish for XRP as it looks to rebound to new highs. XRP’s Open Interest Drops To Lowest Level Since 2024 In a blog post, CryptoQuant…
View More XRP Open Interest Crashes To Levels Not Seen Since 2024, Can It Also Rally 600%?
The Bitcoin market is experiencing a gradual trend reversal following weeks of prolonged price correction between October and November. However, recent on-chain data reveals a concerning trend around BTC’s bullish structure. Bitcoin IFP Indicator Suggests Market Has Reached Turning Point Popular analytics page Arab Chain has shared a cautionary insight on the Bitcoin market despite…
View More Bitcoin Bullish Structure Weakens As Inter-Exchange Liquidity Touches Red Zone – Details