#TradeWarEases

ETH Experience for a Large Market Activity with Increased Leverage and Liquidations

According to Odaily, Michael Nado, the founder of the DeFi report, shared insights on ETH market trends on X. He noted a 40% increase in open interest for ETH over the past few days, indicating a rise in leveraged long positions. Additionally, the spot trading volume for ETH surged from $4-6 billion daily to $15-18 billion, suggesting a significant inflow of real capital. The funding rate has risen from 0.005% to 0.03%, and short liquidations have exceeded $85 million in recent days. Overall, these factors indicate an increase driven by real capital inflows, a rise in long positions, and pressure on short positions.