Ethereum Futures Break Records: Institutional Purchases and Leveraged Positions Raise Price Expectations

Ethereum (ETH) is gaining attention with the recent increase in leveraged trading and institutional investment inflows. The open position volume in the futures market has exceeded $20 billion, reaching an all-time high. At the same time, the purchases of ETH by large players indicate that institutional confidence is strengthening.

Leveraged Positions at Their Peak

Blockchain analysis firm Glassnode reported that the total open positions of Ethereum futures have exceeded $20 billion, setting a new record. This increase shows that traders are expanding their leveraged positions with stablecoin collateral and that market volatility is increasing.

Glassnode's report confirms the previous peak of 7.17 million ETH indicated by CryptoQuant analysts a few days ago. Especially the growth in cash-collateralized contracts increases the impact of speculative movements.

On-chain data reveals that individual investors are also turning to derivative products. CryptoQuant noted that the futures trading activity of small investors has surpassed the average of the last year, while drawing attention to the low on-chain mobility in the Bitcoin network.

Large ETH Purchases from BlackRock and Whales

On the institutional side, eyes are on the large asset manager BlackRock's purchases of Ethereum. The company purchased a total of $163.6 million worth of ETH in just the last two weeks. This indicates a significant increase in institutional interest in Ethereum.

The blockchain analysis platform Lookonchain reported that whale wallets have started withdrawing large amounts of ETH. For example, the institutional investment company Abraxas Capital withdrew a total of 44,612 ETH worth $123 million from Binance and Kraken.

These movements indicate that Ethereum has become a focal point again for both individual and institutional investors.

Price Expectations: $3,000 on the Agenda

Ethereum is currently trading at $2,755. Although there has been a slight decrease (%0.27) in the last 24 hours, technical analysts indicate that the price is approaching a significant resistance point.

Popular analyst Daan Crypto Trades commented, "The $2,800 level played a key role in this cycle. Breaks above or below it can trigger sharp price movements." Another analyst, Duo Nine, predicts that Ethereum could rise above $3,000 in the short term.

The Risk Behind the Rise: Excessive Leverage

However, the rapid increase in leveraged positions brings some risks as well. Historically, high open position levels and intense interest from individual investors are seen before sharp price corrections.

Lookonchain pointed out that some traders have started to open short positions in Ethereum, emphasizing the need to be cautious against potential volatility.


PLEASE READ CAREFULLY FOR A $10 GIFT FOR 170 PEOPLE.

Friends who have not yet activated the futures trading section will earn $10 when they activate the futures trading section by entering my reference code 88623008. The first 170 people will benefit from this reward.

I AM EXPLAINING IN DETAIL.

Brothers who registered on Binance without a referral, please listen carefully;

You will earn 10 USDT when you do what I say in order.

Enter the Futures section from your application,

On the next screen, enter the REFERRAL CODE section and enter the code 88623008 to open your account.

Brothers who want to complete this process by April 10th and receive a reward of 10 USDT can do so. After this, it will be sufficient to have a trading volume of $30 after activating your account. However, even if you do this process after April 10th, your reward will not come. Therefore, I recommend you to handle it within 5 seconds.

THE SYSTEM WORKS ON A FIRST-COME, FIRST-SERVED BASIS. THEREFORE, DON'T BE LATE TO RECEIVE YOUR GIFT. IT IS LIMITED TO 170 PEOPLE.

PLEASE READ CAREFULLY FOR A $3,300 GIFT.

Friends, you know that we do our best for you as publishers. We communicate the services and opportunities provided to us by our authorities. I have never withheld my support from the cryptocurrency market and you; on the contrary, I strive to provide more support.

Now I will explain how to claim your gift. First of all, those of you who have not opened a futures trading account need to activate this account with a short transaction. I will explain how to activate it in detail and simply.

So who can benefit?

Friends who have not yet activated the Futures section can activate it by entering my reference code 88623008 when opening the FUTURES section. It is an easy process. I have shown where it is below.