Ethereum Volatility Alert! Kraken Open Interest Hits 30K ETH 🚨

Ethereum traders, buckle up! Open interest in ETH perpetual contracts on Kraken has surged to an all-time high of 30,000 ETH, signaling heightened speculative activity.

🔹 What’s Driving This?

- Growing institutional inflows into Ethereum spot ETFs.

- Increased market anticipation for price swings.

- Funding rates remain mildly bullish, but no clear directional consensus yet.

🔹 Key Market Signals:

- Staked ETH has hit a record 34.65M ETH, representing 28.7% of circulating supply.

- Ethereum ETFs have seen 15 consecutive days of positive inflows, totaling $837M.

- Regulatory tailwinds in the U.S. could further boost Ethereum’s outlook.

💡 What’s Next?

With institutional players ramping up, Ethereum could be gearing up for major price action. Will ETH break out or face resistance? Stay sharp, traders! $ETH