CryptoQuant analyst: ETH open interest has increased by about $1.5 billion in the past three weeks

CryptoQuant analyst Burak Kesmeci revealed that the open interest in Ethereum contracts has increased by about $1.5 billion in the past three weeks. He believes that with the increase in leveraged trading, liquidation becomes inevitable, which in turn brings high volatility. Therefore, open interest contracts are one of the data points that need to be closely monitored.