Binance ETH OI Prints One of the Largest Daily Upticks in Months
In the last 24H, ETH Open Interest on Binance jumped $681M (+6.9%), one of the largest daily buildups in months.
Price is steady near $4,136, but this kind of OI surge on Binance often precedes major volatility.
May 19, 2025: +$640M OI → ETH +7% in 3 days
Feb 24, 2025: +$580M OI → ETH -5% in 2 days
Key On-chain Take:
OI spikes alone don’t call direction, but on Binance, they almost always signal a big move is coming.
Binance still dominates ETH derivatives with unmatched depth, global trader participation, and tight spreads.
Source: CryptoPatel
