Traders have been jumping in and out of Ethereum (CRYPTO: ETH) trades over the last month as the Merge to Proof-of-Stake approaches. What Happened: Open interest in ETH dropped sharply over the weekend as the asset’s price fell to a low of $1,535, noted analysts in Kaiko’s weekly crypto market overview report.
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BTC/USD$ 91,159.42 2.09%
ETH/USD$ 3,133.55 1.34%
USDT/USD$ 0.999544 0.06%
SOL/USD$ 217.63 2.41%
BNB/USD$ 625.03 0.51%
XRP/USD$ 1.05 26.80%
DOGE/USD$ 0.373419 1.10%
USDC/USD$ 0.999156 0.07%
STETH/USD$ 3,133.03 1.36%
ADA/USD$ 0.765679 25.12%
TRX/USD$ 0.196587 8.54%
SHIB/USD$ 0.000025 3.92%
AVAX/USD$ 34.82 8.21%
TON/USD$ 5.57 5.01%
WBTC/USD$ 90,983.38 2.21%
WSTETH/USD$ 3,699.82 1.20%
SUI/USD$ 3.76 10.88%
WETH/USD$ 3,130.88 1.45%
PEPE/USD$ 0.000022 1.75%
LINK/USD$ 14.17 5.26%
BCH/USD$ 445.23 4.82%
DOT/USD$ 5.40 9.17%
NEAR/USD$ 6.30 13.81%
LEO/USD$ 7.73 3.89%
LTC/USD$ 89.34 6.64%
APT/USD$ 12.38 2.84%
WEETH/USD$ 3,296.06 1.47%
UNI/USD$ 8.87 7.40%
USDS/USD$ 0.994561 0.86%
XLM/USD$ 0.161137 18.33%
CRO/USD$ 0.164793 1.35%
ICP/USD$ 9.21 13.50%
TAO/USD$ 526.64 3.77%
ETC/USD$ 25.11 12.39%
WIF/USD$ 3.71 1.10%
KAS/USD$ 0.145943 13.75%
FET/USD$ 1.31 4.07%
DAI/USD$ 0.997947 0.20%
POL/USD$ 0.405237 11.44%
WBT/USD$ 22.26 0.06%
HBAR/USD$ 0.083051 18.76%
USDE/USD$ 1.00 0.06%
STX/USD$ 1.94 6.01%
BONK/USD$ 0.00004 6.05%
RENDER/USD$ 7.06 5.32%
XMR/USD$ 148.46 2.49%
OKB/USD$ 44.06 1.38%
FIL/USD$ 4.38 10.64%
FDUSD/USD$ 1.00 0.32%
AAVE/USD$ 171.26 7.28%