Interest in Ethereum, the second-largest cryptocurrency asset, is once again gaining momentum among retail and institutional investors, as evidenced by the strong increase in its net stake flows in the past week combined with recent improvements in the price of ETH.
Continued growth in net inflows into Ethereum
And in a positive development Betting on Ethereum It attracted significant capital over the past week, resulting in high weekly net inflows. Martin, market watcher and analyst at leading data and analytics platform CryptoQuant, I mentioned Development, reflecting growing commitment.
The spike in staking activity indicates that many investors are interested in supporting Ethereum’s Proof of Stake (PoS) ecosystem while receiving negative returns. It also reinforces the strong security of ETH and its position in the cryptocurrency scene.
Data shared by the analyst shows that Ethereum stakes saw a net inflow of +10,000 ETH over the past week, with 115,000 ETH deposited and 105,000 ETH withdrawn. This shows that deposits exceeded withdrawals again after months of net outflows, representing a significant change. With the total value of Ethereum rising again, this indicates renewed confidence and optimism in staking as a long-term strategy, which could be crucial in boosting… ETH ecosystem.
Addressing the components behind the surge, Maartoun pointed to a mix of possible factors. This includes rising ETH prices, improving staking infrastructure such as liquid staking options, and the entry of institutional players into the market.
Moreover, the expert highlighted that this increase in net inflows may be a reaction Long term investors To the stability of Ethereum after the merger and their growing confidence in the ecosystem.
If the current rate of deposits continues, Maarton is confident that the development may limit their availability Ethereum in the market, which may affect price movements. “Overall, this latest influx is a positive sign for the Ethereum ecosystem and long-term growth,” he added.
Open interest in ETH reaches a new stage
Ethereum has seen significant developments recently in several key metrics, such as open interest (OI). ETH’s open interest has been on the rise in the past few days, rising to a new all-time high.
A a report CryptoQuant reveals that ETH’s open interest is valued at over $13 billion, representing an increase of over 14% in the past four months. In addition, funding rates show a positive trend, indicating that traders with long positions dominate the market. This hike shows that interest Derivatives markets for ETH It rises sharply and market sentiment supports short-term price increases.
CryptoQuant also revealed that Ethereum’s estimated leverage ratio has reached a new all-time high, reaching +0.40 for the first time in history. This measure, which is determined by dividing open interest by the exchange’s coin reserves, indicates a significant rise in leveraged positions, indicating increased risk taking by traders in derivatives trading.
Featured image from Unsplash, chart from Tradingview.com
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