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 $1,535, noted analysts in Kaiko’s weekly crypto market overview report.
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BTC/USD$ 91,426.50 2.92%
ETH/USD$ 3,123.59 0.92%
USDT/USD$ 1.00 0.23%
SOL/USD$ 219.54 3.22%
BNB/USD$ 624.51 0.04%
XRP/USD$ 0.995177 23.79%
DOGE/USD$ 0.379053 0.94%
USDC/USD$ 1.00 0.12%
STETH/USD$ 3,119.80 0.92%
ADA/USD$ 0.725428 21.90%
TRX/USD$ 0.191714 5.42%
SHIB/USD$ 0.000026 5.82%
AVAX/USD$ 34.77 7.42%
TON/USD$ 5.44 2.55%
WBTC/USD$ 91,122.41 3.05%
WSTETH/USD$ 3,689.43 1.20%
SUI/USD$ 3.78 12.12%
PEPE/USD$ 0.000022 4.82%
WETH/USD$ 3,124.88 0.98%
LINK/USD$ 14.14 5.05%
BCH/USD$ 437.02 3.16%
DOT/USD$ 5.30 7.05%
NEAR/USD$ 6.23 9.87%
LEO/USD$ 7.73 3.52%
LTC/USD$ 87.50 5.76%
APT/USD$ 12.32 2.94%
WEETH/USD$ 3,288.56 1.00%
UNI/USD$ 8.85 7.21%
USDS/USD$ 0.99519 1.01%
XLM/USD$ 0.153355 15.91%
CRO/USD$ 0.168114 1.75%
ICP/USD$ 9.16 12.63%
TAO/USD$ 528.92 3.00%
WIF/USD$ 3.77 2.33%
KAS/USD$ 0.147102 13.30%
ETC/USD$ 23.75 6.42%
FET/USD$ 1.31 3.94%
HBAR/USD$ 0.089007 27.35%
DAI/USD$ 1.00 0.01%
WBT/USD$ 22.29 0.18%
USDE/USD$ 1.00 0.20%
POL/USD$ 0.400516 9.90%
STX/USD$ 1.95 6.15%
BONK/USD$ 0.000042 10.92%
RENDER/USD$ 7.14 5.27%
XMR/USD$ 149.36 1.89%
OKB/USD$ 44.12 1.26%
FDUSD/USD$ 1.00 0.20%
FIL/USD$ 4.26 7.65%
AAVE/USD$ 168.58 3.30%