It has been analyzed that investment sentiment for Ethereum (ETH) has significantly deteriorated over the past four months.
"The outstanding contracts for Ethereum futures on Binance, a global virtual asset exchange, have dropped sharply," he said. "The outstanding contracts for Ethereum futures on Binance were 7.8 billion in December last year.
"The amount was $1.2 billion, but has now fallen by more than 50% to $4 billion," he said, adding, "This indicates that there is a growing aversion to investing in Ethereum."
He added that "Binance traders are negative about Ethereum's prospects."
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2025/04/08 14:35 KST
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