<ul><li>The derivatives market for Ethereum has experienced significant growth due to the adoption of Layer-2 solutions, resulting in lower transaction fees.</li><li>This reduction in costs has led to a surge in derivatives protocols and overall market gains since the beginning of the year.</li><li>Two long-term Ethereum holders recently sold 33,701 ETH (valued at $89.72 million) as the ETH price rose by 13.75% within 24 hours.</li><li>In addition, Ethereum spot ETFs received notable inflows of $52.29 million, further establishing Ethereum's presence in institutional investments.</li></ul>

Ethereum’s Derivatives Market Thrives As Layer-2s Lower Costs, Whales Unload Large Holdings

Discover more