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Rising Bets On Ethereum: Futures Open Interest Jumps To Fresh Multi-Month High

  • Ethereum's price surged past $2,700 as bullish sentiment returns to the crypto market.
  • ETH's Futures Open Interest hit a multi-month high at $3.27 billion, indicating increased investor interest and speculation.
  • A decrease in Ethereum Exchange Reserves suggests investors are moving their ETH to decentralized platforms or staking, signaling long-term optimism.
  • ETH is trading at $2,812 with a 7% increase in the last 24 hours, with growing investor confidence and trading volume.

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