According to @rovercrc, ETH open interest is heating up, indicating a rapid build-up in Ethereum derivatives positioning that traders should monitor intraday for volatility risk. Source: Crypto Rover on X, Sep 13, 2025. Rising open interest reflects more outstanding ETH futures and perpetual contracts, which often aligns with higher leverage and larger price swings in crypto markets. Source: CME Group Education, Open Interest. When open interest expands quickly, tracking ETH perpetual funding rates helps gauge long-short imbalance and squeeze risk. Source: Binance Futures Funding Rate Guide. Elevated open interest raises the chance of liquidation cascades near clustered stops, so tightening risk parameters and moderating leverage becomes prudent. Source: Binance Futures Risk Management Guide. Before initiating or hedging positions, cross-check ETH basis, funding turning positive or negative, and options skew to validate trend strength. Source: Deribit Insights on futures basis and options skew.

According to @EmberCN, Bitget’s August 2025 transparency report highlights that monthly derivatives turnover reached about $750 billion with an average daily volume above $20 billion, and a 12.4% market share reported by the exchange, placing it among the top platforms for crypto futures trading; source: Bitget August 2025 Transparency Report on Bitget blog. BTC open interest on Bitget exceeded $10 billion and ETH open interest reached roughly $6 billion, indicating capacity to absorb larger positions with lower impact cost; source: Bitget derivatives metrics dashboard and Bitget August 2025 Transparency Report. Bitget also launched what it states is the industry’s first RWA index perpetual contract and completed a burn of 60 million BGB, tightening native token supply and expanding product breadth; source: Bitget official announcements in August 2025. Spot trading in MYX on Bitget approached roughly $200 million in daily volume with a dominant venue share, concentrating execution and liquidity on the exchange; source: Bitget MYX spot market data as of September 10, 2025. For traders, the combination of high OI and concentrated spot volume typically supports tighter spreads, lower slippage, and more stable funding for hedging and basis strategies in BTC, ETH, and MYX on Bitget; sources: Bitget August 2025 Transparency Report and Bitget exchange market data.

According to @EauDoon, ETH open interest has dropped sharply, reverting to levels seen when ETH was around 3.9k before the push to 4k, source: @EauDoon. According to @EauDoon, funding is deep in the negative zone and fear is elevated, source: @EauDoon. According to @EauDoon, Katana users can rotate vbUSDC directly into vbwETH or vbwBTC on SushiSwap, source: @EauDoon.

According to @ThinkingUSD, Ethereum (ETH) “swapped a Russian for a Korean” and doubled in a month, implying a rotation in dominant buyer flow and explicitly naming Hyperliquid as a venue to watch, source: @ThinkingUSD on X, Aug 22, 2025. For trading, the post signals to verify whether Korean-driven demand and ETH perpetual activity on Hyperliquid are leading the move before positioning, focusing on ETH spot momentum, any ETH-KRW premium on local exchanges, and funding rates/open interest on Hyperliquid, source: @ThinkingUSD on X, Aug 22, 2025.

According to Crypto Rover, ETH open interest is experiencing a significant surge, indicating heightened trading activity and leveraged positions in Ethereum futures markets. This uptick in open interest typically precedes increased price volatility, suggesting traders should prepare for a potential breakout in ETH price action. Monitoring funding rates and liquidation levels becomes critical as these signals often attract both institutional and retail traders, impacting short-term price direction. Source: Crypto Rover on Twitter, June 16, 2025.

According to Skew Δ (@52kskew) on Twitter, Ethereum (ETH) trading volume has surpassed Bitcoin's (BTC) in the past 24 hours, a rare occurrence that historically signals increased strength in altcoins. Reported metrics include a Volume-to-Market Cap Ratio (VMR) of 0.34, meaning 34% of ETH's market cap was traded, an Open Interest to Market Cap ratio (OI/MCap) of 4.33%, and an OI/Volume ratio of 0.1272, indicating for every $1 in open interest, over $7 was traded in volume. These data points highlight heightened trading activity and liquidity in ETH markets, suggesting an attractive environment for altcoin traders. The surge in Ethereum activity may also impact broader crypto sentiment, with potential spillover into other high-cap altcoins, providing actionable insight for traders seeking volatility and liquidity (Source: @52kskew, Twitter, May 9, 2025).