Ethereum leverage at all time high as BlackRock ramps up accumulation

Ethereum futures open interest hits an all-time high, surpassing $20 billion, driven by leverage and increasing speculative activity.

BlackRock’s continued ETH purchases, totaling $163.6 million, signal growing institutional confidence in Ethereum.

Analysts are optimistic about Ethereum's potential to break the $2,800 level, with some predicting a rally beyond $3,000 amid rising speculation.