Ethereum open interest hits new all-time high — Will ETH price follow?

Cointelegraph.com NewsEther (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period.Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21. This has led traders to question… 

​Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the broader crypto market, which declined 14% over the same period.Despite ETH’s price struggles, Ether futures open interest hit a record high on March 21. This has led traders to question…