Ethereum experienced a 4% weekly decline and a 1% drop in the last 24 hours to around $3,598, with record open interest and transaction spikes highlighting concerns over potential volatility.
Ethereum's price fell by 4% over the past week and 1% in the last 24 hours to about $3,598. On-chain data revealed a record $77 billion open interest on Binance along with the highest daily transaction count, while a -$418.8 million net taker volume indicated bearish pressure.