📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
🚀 Ethereum Open Interest Approaches $34B — Market Poised for High-Impact Moves
🔹 💹 OI Hits Multi-Month Highs — Ethereum’s aggregated open interest has surged to $33.88B, standing among the highest readings in recent months, signaling intensified derivatives activity.
🔹 📊 Price Stability Above Key Level — ETH maintains solid footing above $4,680, reinforcing bullish sentiment and suggesting strong spot market support.
🔹 ⚡ Leveraged Positions on the Rise — The growing OI reflects heightened leveraged participation, which could serve as a catalyst for sharp volatility if liquidation cascades occur.
🔹 🎯 Market Watch Ahead — With leverage building, traders should closely monitor funding rates and liquidation levels for potential breakout or breakdown triggers.
#ETH Breaks $4700# #CPI Data Coming# #Show My Alpha Points#