🟢 Ethereum surpasses Bitcoin in futures volume and OI: clear signal of rotation towards altcoins
In the last hour, Glassnode confirmed that the perpetual futures volume of Ethereum has surpassed that of Bitcoin for the first time, marking a historic record in its favorable bias. Additionally, ETH's open interest reached nearly 40%, the highest level since April 2023, indicating a significant rotation of interest towards altcoins.
For investors on Binance, it is an opportunity to explore spot or futures strategies in altcoins with ETH as an emerging catalyst.