<ul><li>Ethereum's open interest on Binance, the world's largest cryptocurrency exchange, continues to see a steady decline.</li><li>The drop in open interest indicates a cooling down of Ethereum's derivatives market and rising caution among investors.</li><li>ETH's open interest on Binance has decreased by almost 50% between December and April, wiping out nearly $4 billion.</li><li>Although concerns about price stability persist, some analysts are confident in a potential rebound, with predictions of a significant surge in Ethereum's value.</li></ul>

Ethereum Traders Pulling Back? ETH’s Open Interest On Binance Sees Continued Decline

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