What changed
Matched October 6–8 snapshots show a larger ETH-denominated book despite Thursday’s contraction, separating outstanding exposure from lower USDT valuation 3% in ETH on Binance as its dollar value fell 6 The post Ethereum open interest rose 2
Why it matters
Exchange operations around ETH and USDT can change volatility, liquidity, or sentiment. The concrete detail to watch is matched October 6–8 snapshots show a larger ETH-denominated book despite Thursday’s contraction, separating outstanding exposure from lower USDT valuation
Trading lens
Use this as watchful context from cryptoslate.com. Watch whether 3% in ETH on Binance as its dollar value fell 6 confirms momentum, invalidates active bias, or changes timing.