Ether Slides Below $2,000 While Futures Open Interest Hits Record High
Key takeaways
- ETH broke below $2,000 for the first time since March amid heavy selling pressure from geopolitical risks, down nearly 8% over the past week.
- Futures open interest reached a record 16.39 million ETH even as prices fell.
AI insight — what it means
Ether prices fell below a key level because of selling tied to world tensions. Even with more futures bets placed, the actual price kept dropping.
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