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Breakthrough 3000 is just around the corner (3)
Further supporting the bullish outlook for Ethereum, the un Close Position contract dynamics show a significant difference between the two.
ETH's un Close Position contracts soared from $3.71 billion on January 7 to $4.57 billion on January 10,
That's a 14.6% increase, outpacing Bitcoin's 5% increase from $6.4 billion to $7.3 billion.
This suggests that new entrants are bringing new capital to Ethereum, reinforcing traders' view that prices will rise even more in the coming days.