2026-10-28 00:01:28
Binance Ethereum Open Interest Halves in USD to $5.8B, But Remains 2.5M ETH Year-on-Year
According to CryptoQuant analyst BaykusCharts, Binance's Ethereum open interest currently stands at approximately $5.8 billion, down 50% from its peak of over $12 billion in summer 2025. However, when denominated in ETH rather than USD, the metric remains relatively flat at about 2.5 million ETH,