Founder of DeFi Report: "Real capital inflow + long position increase + short squeeze" and other triple reasons have driven the skyrocketing price of ETH

DailyNews

2025-05-12 08:03:47

DEFI-4,47%

ETH2,19%

Odaily News DeFi Report founder Michael Nadeau published an article on X discussing the ETH market.

In the past few days, the open contracts for ETH have increased by 40%, indicating a significant rise in leveraged long positions;
The spot trading volume of ETH has surged from 4-6 billion USD daily to 15-18 billion USD, indicating a real influx of capital.
The funding rate has risen from 0.005% to 0.03%;
In the past few days, the ETH short liquidation amount exceeded 85 million USD. In summary, the current ETH has shown signs of “real capital inflow, long position accumulation, and short squeeze,” with a triple reason driving the increase.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments