🚀 Key growth factors #ETH over the last few days:
1️⃣ Record open interest (Open Interest):
📈 Open interest in ETH futures contracts reached 🔥 a new record — $19.1 billion! This indicates active participation by major players in the derivatives market 💰
2️⃣ Institutional investments:
🏢 SharpLink Gaming announced a private placement of $425 million, part of which will be directed to a crypto reserve, including Ethereum. This is a significant boost to trust from institutions 💼📊
3️⃣ Technical indicators:
📉 The crossing of the 50-day and 200-day moving averages 📊 signals a strong uptrend. This is a classic “golden cross” for traders
⚡
Likes and subscriptions are welcome🤝
