
Ethereum Open Interest Hits Record $58B as Analysts Say ETH ‘Ready to Explode’
Key takeaways: High network activity and a record stablecoin supply signal strong demand. Traders expect ETH to rally to all-time highs once $4,000 is broken. Ether’s (ETH) price reclaimed the $3,800 level after dropping to $3,700 during the early Asian trading hours on Tuesday. Market analysts pointed to key data metrics that suggest that “ETH…