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ETH Open Interest Falls Below 30-Day Average as its Z-Score Hits -0.28


ETH Open Interest Falls Below 30-Day Average as its Z-Score Hits -0.28

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Ethereum open interest on Binance fell slightly below its 30-day average to about $5.54B versus a $5.58B 30-day mean, with a Z-score of -0.28 and a standard deviation of $141.98M. This suggests stable ETH futures activity on the CEX with no large positions being accumulated, implying modest neutral risk for price and limited immediate impact on broader crypto, DeFi and DEX liquidity.

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  • Ethereum open interest on Binance has dropped below its 30-day average and reached approximately $5.54B.
  • With a Z-score of -0.28 with a $141.98M std dev shows current open interest remains within its normal range.
  • Trading activity in ETH futures is relatively stable with no signs of large positions being accumulated.

Ethereum (ETH) open interest (OI) on Binance has dropped below its 30-day average. According to the latest data, open interest reached approximately $5.54 billion, while Ethereum’s 30-day average sits at around $5.58 billion, reflecting a clear convergence between the current value and the monthly average. 

Ethereum Open Interest Drops Below its 30-Day Average on Binance

Data from the ETH Open Interest Z-Score (30D) on Binance shows a modest decline in Ethereum derivatives market activity, with open interest trading below its recent 30-day average…

Read The Full Article ETH Open Interest Falls Below 30-Day Average as its Z-Score Hits -0.28 On Coin Edition.

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