Ethereum (ETH) remained under pressure on Friday, slipping by more than 2% to trade just below the $1,900 level amid a decline in retail activity. The decrease in leveraged trading suggests investors are reducing their exposure to the market. However, the continued inflows into US spot Ethereum exchange-traded funds (ETFs) indicate institutional demand remains resilient. Ethereum Open Interest dips as market retraces Ethereum’s derivatives market has shown renewed momentum in recent days. After hitting the $29 billion mark earlier this week (its highest since June 7), the futures Open Interest (OI) has declined by 1.3% in the last 24 hours and now reads $27.3 billion.
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