Ethereum OI Jumps +8.2% As Traders Chase The Pump: Leverage Fueling ETH Again
PositiveCryptocurrency

Ethereum is bouncing back after a significant drop last Friday, where prices fell to $3,450 due to a massive liquidation event in the crypto market. This event wiped out billions in leveraged positions, causing panic among traders. However, ETH is now showing signs of recovery, with renewed buying interest emerging around key demand zones. This stabilization is crucial as it indicates that traders are regaining confidence in the market, which could lead to further price increases and a healthier trading environment.
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