ETH's perp OI has reached ATH, risk or opportunity?

The perp OI has hit 67%, and ETH is dominating derivatives.

The OI between ETH and BTC is close even though the spot market dominance still varies.

CME recorded a record high OI (~$8.3 billion), with the entire ETH derivatives market reaching $35.5 billion.

Binance has pushed ETH OI up to $77B - extremely hot.

🤟 Leverage money is flowing strongly into ETH - a positive signal, but it also carries high risks if liquidity or market sentiment reverses. If the Fed makes a move to loosen interest rates, ETH could be the “core” for the next bull run. $ETH