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Ethereum (ETH) Price: Is $3,000 On The Horizon As Open Interest Hits Record Levels?

  • Ethereum Open Interest hits an all-time high of $35.69 billion, indicating high speculative activity
  • ETH price crosses $2,700 for the first time since February, up 53% over the past month
  • U.S. spot Ethereum ETFs attract $402 million in inflows over the past month
  • Technical indicators point to a potential 'bull flag' pattern with possible upward momentum towards $3,000-$3,500

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