Ethereum Open Interest Hits Record $58B as Analysts Say ETH ‘Ready to Explode’

Main meals:

• The high network activity and the registration of the supply supply signal with strong demand.

• Traders expect ETH to gather to the highest level ever by fracture 4000 dollars.

ETHER (ETH) price has regained $ 3800 after a decrease to 3700 dollars during Asian trading hours on Tuesday. Market analysts have indicated the main data standards indicating that “ETH is ready for an explosion” to the highest levels ever.

Open interest in Ethereum at record levels

The open interest of future contracts (IO) reached a record number of $ 58 billion on Tuesday, indicating an increase in market participation and new funds flowing to ETH FUTERES contracts.

The total OI has doubled in the later futures than twice since June 22, an increase of 10 % over the past two days. For the context, three months ago, on April 29, Eter’s OI amounted to $ 20.75 billion when the price was about $ 1,800. In addition, when Eter was traded at about $ 4,000 in December 2024, the open interest of ETH Futures was only $ 31.5 billion.

Related to: The development of ETH Futures data is allowed to $ 5,000 to $ 5,000

This scale hit new standard levels, indicating an increased demand for ETH sites.

“The open interest has reached the highest new level ever. The price climbs. The leverage accumulates,” He said In response, the traded Merlijn encryption traded, adding:

“This is not a natural outbreak, it’s fuel to make a vertical movement. If you are waiting for confirmation, this is confirmation.”

The eth Oi dominance increased to nearly 40 %, “which is the highest in more than two years, Glassnode books Partially to Tuesday post on X.

“This is a clear shift in speculative focus, with capital rotation from $ BTCTO $ ETH on the margin.”

#ETHEREUM The open interest dominance increased to nearly 40 %, its highest level since April 2023. Only 5 % of the days saw a higher reading. This is a clear shift in speculative focus, with capital rotation from $ BTC to $ ETH In the margin. pic.twitter.com/ynkle9gjkt

Glassnode July 29, 2025

Network activity “through ceiling”

ETHEREUM network activity continues to show strength, as active addresses increase by 7.2 % over the past thirty days, according to Nannon. Data. The average number of monthly transactions increased by 16 % during the same period to 43.3 million.

DEX weekly size was also the highest level in 4 months amounted to 22.6 billion dollars, according to Devillama, while the weekly application revenue increased for a period of 6 months at 89.8 million dollars.

Stablecoin also offer receipt The highest level ever at $ 132.5 billion on Tuesday, indicating increased liquidity and demand.

“ETHEREUM Network Activity passes through the ceiling,” He said The famous analyst Elja in response to these Onchain standards, adding:

“This means $ ETH New Ath is just a time issue.”

Analysts expect the “extended assembly” of Ethar

Data from Cointelegraph Markets Pro and Tradingvief ETH appears trading about $ 3,800, an increase of 6 % over the past seven days.

As Cointelegraph mentioned, the breaking of $ 4000 is the key to ETH and pave the way for a possible conversion to its highest level ever.

“$ ETH slowly crawling on the top of the bicycle,” Daan Crypto Tallges He said In the last analysis of the ether on X.

The trader was referring to the resistance of $ 4,000, which rejected the price several times since February 2024.

Daan Crypto Trades explained that it would be “healthier” to merge ETH below this level before collapse, as the gathering was already surprising.

“In this way, it gives more space for a larger leg after that. But in both cases, watch this area between 4 thousand dollars and 4.1 thousand dollars.”

According to For Bitcoinsensus market analysts, ETH is “ready to explode to the upward trend” because it shows the penetration force, above the multi -year trend line.

They added: “With adequate momentum, the penetration could lead to the high prices of ETAREUM in the next stage of this session.”

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.