Ethereum Open Interest Hits $34B Amid Strong Price Action – Volatility Ahead?

Ethereum’s open interest has surged to $33.88 billion, nearing one of its highest levels in recent months, signaling a sharp rise in leveraged trading activity. Meanwhile, ETH’s price remains resilient, holding firmly above $4,680, reflecting strong market confidence.

In short, $ETH is seeing record trader interest, but the market is primed for volatility—traders should brace for potential wild swings. 🚀🔥