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Ethereum Futures Volume on Binance Peaks at $21.7 Billion Since December
Ethereum Price and Futures Activity Update
- Ethereum (ETH) has struggled to maintain an upward trend, reaching $3,300 but failing to surpass $3,400.
- The current market structure appears short-term bearish, yet on-chain analysis suggests potential for a significant move soon.
Ethereum Futures Market Activity
- According to CryptoQuant's Arab Chain, Ethereum futures trading on Binance reached a monthly high, with daily volume hitting $21.7 billion.
- This increase marks the highest level since mid-December, indicating renewed momentum in the futures market.

- The spike follows a period of low activity and price stability, suggesting traders are preparing for a possible market shift.
- Increased futures volume often correlates with higher leverage and speculative activities, hinting at potential market movement.
Current ETH Price
- Ethereum is currently priced at $3,292, showing no significant change from the previous day.
