Key Insights:
Leading cryptocurrency exchange Binance’s Ethereum open interest has climbed to $10 billion.
Institutional demand surged as BitMine and other major buyers accumulated large ETH holdings.
High open interest, reduced supply, and strong ETF inflows has created conditions for a potential Ethereum short squeeze.
Binance’s Ethereum open interest passed $10 billion in August 2025, with analysts pointing to large institutional buying.
Analysts are convinced that reduced supply and market positioning are possible drivers for a short squeeze.
Amid speculations, Ethereum price traded near $4,300, moving closer to its record price from 2021.
Binance Ethereum Open Interest Hits New High
Reports showed that Ethereum’s open interest on Binance climbed to $10 billion, up 46% in 30 days. This was the highest in recent months and came as the price reached about $4,300 in August 2025.
The figure put ETH within reach of its previous all-time high of $4,867.17, set on 10
We współpracy z: https://www.thecoinrepublic.com/2025/08/12/binance-may-trigger-massive-ethereum-short-squeeze-heres-why/
