<ul><li>The Ethereum Open Interest has witnessed a sharp growth, indicating potential volatility in the asset's price.</li><li>The Open Interest has reached $9.7 billion, reflecting an increase in new positions and overall market leverage.</li><li>An increase in Open Interest can lead to price volatility, potentially causing a long squeeze.</li><li>Currently, the funding rates are high, suggesting a long-heavy market sentiment.</li></ul>

Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility?

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