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Ethereum open contract market share rose to nearly 40%, hitting a new high since April 2023

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Ethereum open contract market share rose to nearly 40%, hitting a new high since April 2023

According to Foresight News, according to Glassnode data, the share of Ethereum open contract market has climbed to nearly 40%, the highest level since April 2023. Only 5% of the time in history did the metric read higher. This marks a clear shift in speculation focus, with funds shifting marginally from Bitcoin to Ethereum.
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