Data compiled by Woofun AI shows that the total contract open interest for ETH retreated by 5.19% over the past 24 hours, settling at $25.367 billion. This contraction reflects a broader de-leveraging trend across major derivatives markets.

Binance maintains the largest share with $5.95 billion in open interest, followed by Gate at $1.926 billion, Bybit at $1.548 billion, and OKX at $1.52 billion. The synchronized decline suggests traders are reducing exposure amid heightened market volatility.