After hitting an all-time high of 7.2 million $ETH , Ethereum's open interest is finally cooling off.

🔹 This means some traders are exiting their leveraged positions.
🔹 It's a healthy sign — less risk of sudden liquidations and more room for organic growth.

Before this, open interest had been rising fast without a new price high, creating tension in the market.

Historically, such setups lead to big volatility, but this recent drop might give #Ethereum some breathing room.

👉 Do you think #ETH is preparing for a clean breakout next?

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