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Ethereum Open Interest Sets New Record, Analyst Says Fireworks ‘Guaranteed’
- The Ethereum Open Interest has reached a new all-time high of $16.8 billion.
- The increase in Open Interest indicates investors opening new positions on the derivatives market.
- The rapid growth in Ethereum Open Interest raises concerns about potential volatility.
- Analysts anticipate heavy price movements and fireworks due to the surge in Open Interest.
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