ETH futures open interest hits a new high, short positions pressure surges.

[Bihu] According to data from the data platform, as the Spot price rises and breaks through 4700 USD, the total open interest of Ethereum futures has reached a historical high of about 35.5 billion USD. The leverage levels on various trading platforms have been restored, laying the foundation for greater Fluctuation after the position concentration.

Short selling pressure surges: On August 12, as the price approached $4,620, approximately $66 million in short positions were forcibly closed, marking the second largest short closing event of the year to date.

ETH-2.55%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LongTermDreamervip
· 18h ago
I've been in a Short Position for three years, and I'm ready to move bricks and eat noodles this time!
View OriginalReply0
nft_widowvip
· 08-13 12:13
The short order has exploded into fireworks! How tragic.
View OriginalReply0
AirdropHunter007vip
· 08-13 12:02
The retail investors are still stuck.
View OriginalReply0
DancingCandlesvip
· 08-13 11:47
Although I got liquidated, I'm not afraid to chase the price in a bull run.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)