Open interest (OI) on $ETH exchanges has been continuously hitting all-time highs ๐ฅ
$BTC is showing a similar OI trend, but leveraged money is concentrating much more strongly on $ETH.
Since June, ETHโs open interest has surged from $30B to $70B.
This is a highly bullish signal as both retail investors, whales, and major institutions are now using leverage on altcoins instead of $BTC as before.
