ETH OI increased by 2.14% over 4 hours.

ETH 4h OI rose 2.14% with 0% funding rate. BTC fell 1.5%, $236M liquidated, and Fear & Greed hit 29, indicating defensive sentiment.

The 4-hour open interest (OI) for ETH increased by 2.14%, indicating intensified trading activity between bulls and bears. The current funding rate is 0%, and the bull-bear ratio is not available. Given that BTC dropped by 1.5% and there were $236 million in total liquidations across the network, the market is in a fearful mood, leading to relatively cautious use of leverage. Recent news: Bit Digital reported a net loss of $107 million in Q2, while a whale transferred $37.5M worth of ETH. The AI-generated overall sentiment score is 45, with a fear-greed index of 29, suggesting that the market as a whole is leaning defensive.