Ethereum Binance Open Interest Jumps 38% in 5 Days — Is the Price Getting Too Hot?
On June 5, Ethereum's Open Interest (OI) on Binance stood at around $5 billion.
But by June 10, it had skyrocketed to $6.9 billion — the second-highest OI level of 2025 so far. That’s a 38% increase in just 5 days. During the same period, ETH price rallied from $2400 to $2879.
What Does It Mean?
Such a sharp rise in both price and OI usually means more leveraged long positions are piling up. Everyone’s trying to catch the move, and that pushes the price higher — fast.
But here’s the thing.
When things move too fast, cooldowns often follow. It’s not a guarantee, but the risk of a short-term correction becomes real.
Written by burakkesmeci
