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Ethereum [ETH]: This is the silver lining to its post-Merge performance
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It’s been more than 2 weeks since Ethereum’s Merge happened. However, the hype that existed before the event died down soon, with the event followed by disinterest in the cryptocurrency. Glassnode recently confirmed this outcome after observing a sustained drop in ETH Open Interest in perpetual Futures contracts.
Here’s AMBCrypto’s Price Prediction for Ethereum [ETH] for 2023-24
The amount of ETH Open Interest in perpetual Futures contracts recently dropped to its lowest level in 4 weeks. This seemed to be a sign of dwindling demand from the derivatives market, one which usually reflects outcomes in the spot market.
<p lang=«en» dir=«ltr» xml:lang=«en»> Read more on ambcrypto.comAbout this in other media
Ethereum (ETH) Price Prediction 2025-2030: Can post-Merge hype push ETH to $50K? ambcrypto.com /2 years ago
Ethereum’s post-Merge blues: Will ETH finally be able to get out of it? ambcrypto.com /2 years ago
Ethereum (ETH) Price Prediction 2025-2030: Will the post-Merge hype push ETH to $50K? ambcrypto.com /2 years ago
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