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ETH Derivatives Sentiment Shifts as Buyers Take Control for the First Time Since 2022

TLDR: ETH net taker volume turned positive at +$102M, snapping months of consistent sell-side dominance. Sell pressure peaked at -$568M when Ethereum set its all-time high just below $5,000 this cycle. Comparable buying pressure was last recorded in 2022 when ETH traded near the $1,000 price level. Since March, buy-side volumes have steadily grown, pointing [...]

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Source: Blockonomi →