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Aug 12, 2025
by Sujit Kumar
Ethereum Open Interest on Binance Surpasses $10 Billion as Short Positions Surge
Table of contents
Ethereum's (ETH) open interest on Binance has reached a new record high, now standing at approximately $10.75 billion. This significant milestone comes amid a dramatic surge in short positions, which have increased by 500% since November 2024 and by an additional 40% in the last week alone. This combination of high open interest and a large number of short positions creates the potential for a "short squeeze," which could lead to significant market volatility.
A Market Driven by Spot Price Rally and Institutional Factors
The growing open interest and short position activity have been tracking alongside a powerful rally in Ethereum's spot price. Over the past three months, ETH has surged by more than 130%, climbing from around $1,800 to above $4,200. This price strength is not just a result of market speculation; it is also supported by fundamental factors. Major network upgrades like Pectra and Dencun, along with positive institutional and regulatory developments such as the launch of spot Ethereum ETFs, have all contributed to the current bullish sentiment.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.
