On-chain Alerts: Surge in Institutional Demand

According to Glassnode, the CME futures open interest (7-day SMA) has soared to $3.27 billion, reaching its highest level since February 2.

What this means:

This peak indicates a growing institutional positioning and confidence in the market. Historically, such OI levels at the CME have preceded major rebounds, particularly applicable to ETH #ETH突破3000

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