Trading Activity: Since May 8, there has been a large-scale Close Position in the Ethereum futures market, with a liquidation amount reaching 438 million USD. The total value of open contracts surged from 21.28 billion USD on May 8 to 26.77 billion USD on May 10.
Capital flows: As global trade tensions ease and market risk appetite increases, funds are flowing into the cryptocurrency sector, driving up the price of Ethereum.
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Trading Activity: Since May 8, there has been a large-scale Close Position in the Ethereum futures market, with a liquidation amount reaching 438 million USD. The total value of open contracts surged from 21.28 billion USD on May 8 to 26.77 billion USD on May 10.
Capital flows: As global trade tensions ease and market risk appetite increases, funds are flowing into the cryptocurrency sector, driving up the price of Ethereum.