According to Foresight News, Glassnode has reported that the open interest in ETH futures has reached an all-time high of approximately $35.5 billion. Leverage levels across trading platforms have been rebuilt, and as positions become more concentrated, the market may experience increased volatility. On August 12, there was a significant liquidation of ETH short positions amounting to around $66 million, marking the second-largest short liquidation event of the year.

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