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CoinTurk News 2023-08-25 05:34:55

Ethereum Continuously Loses Ground in the Futures Market

Data platform Glassnode recently reported that locked Ethereum (ETH) in the ETH 2.0 Deposit Contract reached an all-time high of 28,019 ETH, signaling a significant milestone for Ethereum. While this milestone indicates increasing confidence in Ethereum’s transition to a Proof of Stake (PoS) consensus mechanism, it raises concerns for the altcoin king in the perpetual futures market. The post Ethereum Continuously Loses Ground in the Futures Market appeared first on COINTURK NEWS.

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