Ethereum Open Interest on Binance Exceeds $10B as Short Positions Surge

Futures activity for Ethereum on Binance has hit a record high, with open interest climbing to approximately $10.75 billion in August. This comes as the number of short positions across the market has skyrocketed 500% since November 2024, creating a powder keg for a potential short squeeze. Data shows that Ethereum’s open interest on Binance […] The post Ethereum Open Interest on Binance Exceeds $10B as Short Positions Surge appeared first on Coin Edition.