{"id":552954,"date":"2023-09-26T23:00:18","date_gmt":"2023-09-26T23:00:18","guid":{"rendered":"https:\/\/wncen.com\/?p=552954"},"modified":"2023-09-26T15:34:32","modified_gmt":"2023-09-26T15:34:32","slug":"ethereum-open-interest-5-billion","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/","title":{"rendered":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?"},"content":{"rendered":"

The Ethereum open interest<\/a> has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark. This surge is important to Ethereum\u2019s native token ETH in a number of ways as it could point to how investors are viewing the cryptocurrency at this point.<\/p>\n

Ethereum Open Interest Sees Rapid Rise<\/h2>\n

Data from Coinglass shows that the Ethereum open interest has risen rapidly in recent times. Over the last week, the open interest has grown, eventually crossing $5.2 billion at a time when the crypto market continues to struggle to loosen the grip of bears.<\/p>\n

Related Reading: Cardano: Factors That Could Drive ADA Price As High As $12<\/a><\/div>\n

One thing about open interest is that it can point to how investors are viewing the cryptocurrency and whether they are bearish or bullish. When open interest rises, it points to investors becoming more bullish. On the other hand, a drop in open interest suggests that investors are more bearish and expect prices to drop.<\/p>\n

\"Ethereum<\/p>\n

ETH open interest jumps above $5.2 billion | Source: Coinglass<\/a><\/pre>\n
This time around, with the open interest<\/a> being on the rise, it suggests that crypto investors are turning bullish once more. This reflects the Crypto Fear & Greed Index<\/a> showing that investor sentiment has been improving during the same time period.<\/p>\n
The chart above shows that the ETH price has often rallied when open interest has surged, which could happen in this case. If this holds true, then the ETH price could be looking at a rise toward the $1,700 level once more.<\/p>\n
ETH Could Rally With Crypto Market<\/h2>\n
The turn to bullishness marked by the increase in Ethereum open interest is not limited to the cryptocurrency alone. Looking at the long\/short ratio on Coinglass shows<\/a> that long volumes have begun to recover while short volume has plummeted.<\/p>\n
Ethereum long volumes are currently sitting at $574 million compared to $548 million for short. This comes out to 51.28% for longs with 48.72% for shorts. And while these differences are not especially significant, it does show that crypto investors are betting more on a recovery for the cryptocurrency.<\/p>\n
Related Reading: Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump<\/a><\/div>\n
Liquidations have also shown that short traders are losing more in the market. Ethereum currently has a 24-hour liquidation volume of $6.63 million. $1.57 million of this is long positions while $5.06 million is accounted for by short traders.<\/p>\n
The ETH price<\/a> is sitting at $1,588 at the time of writing. It\u2019s seeing small gains of 0.84% in the last day but nursing 3.59% losses on the weekly chart.<\/p>\n
\"Ethereum<\/p>\n
ETH price remains volatile | Source: ETHUSD on Tradingview.com<\/a><\/pre>\n
Follow Best Owie on X (formerly Twitter)<\/a> for market insights, updates, and the occasional funny tweet\u2026 Featured image from Nasdaq, chart from TradingView.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark. This surge is important to Ethereum\u2019s native token ETH in a number of ways as it could point to how investors are viewing the cryptocurrency at this point. Ethereum Open Interest Sees Rapid Rise Data from Coinglass shows that the Ethereum open interest has risen rapidly in recent times. Over the last week, the open interest has grown, eventually crossing $5.2 billion at a time when the crypto market continues to struggle to loosen the grip of bears. Related Reading: Cardano: Factors That Could Drive ADA Price As High As $12 One thing about open interest is that it can point to how investors are viewing the cryptocurrency and whether they are bearish or bullish. When open interest rises, it points to investors becoming more bullish. On the other hand, a drop in open interest suggests that investors are more bearish and expect prices to drop. ETH open interest jumps above $5.2 billion | Source: Coinglass This time around, with the open interest being on the rise, it suggests that crypto investors are turning bullish once more. This reflects the Crypto Fear & Greed Index showing that investor sentiment has been improving during the same time period. The chart above shows that the ETH price has often rallied when open interest has surged, which could happen in this case. If this holds true, then the ETH price could be looking at a rise toward the $1,700 level once more. ETH Could Rally With Crypto Market The turn to bullishness marked by the increase in Ethereum open interest is not limited to the cryptocurrency alone. Looking at the long\/short ratio on Coinglass shows that long volumes have begun to recover while short volume has plummeted. Ethereum long volumes are currently sitting at $574 million compared to $548 million for short. This comes out to 51.28% for longs with 48.72% for shorts. And while these differences are not especially significant, it does show that crypto investors are betting more on a recovery for the cryptocurrency. Related Reading: Shiba Inu (SHIB) Burn Rate Sees Exponential 627% Jump Liquidations have also shown that short traders are losing more in the market. Ethereum currently has a 24-hour liquidation volume of $6.63 million. $1.57 million of this is long positions while $5.06 million is accounted for by short traders. The ETH price is sitting at $1,588 at the time of writing. It\u2019s seeing small gains of 0.84% in the last day but nursing 3.59% losses on the weekly chart. ETH price remains volatile | Source: ETHUSD on Tradingview.com Follow Best Owie on X (formerly Twitter) for market insights, updates, and the occasional funny tweet\u2026 Featured image from Nasdaq, chart from TradingView.com<\/p>\n","protected":false},"author":541,"featured_media":552976,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,89213,87184,16163,89486,1946,7931,86497,8686,78803],"class_list":["post-552954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-eth-news","tag-eth-open-interest","tag-eth-price","tag-eth-price-performance","tag-ethereum","tag-ethereum-news","tag-ethereum-open-interest","tag-ethusd","tag-ethusdt"],"acf":[],"yoast_head":"\nEthereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?<\/title>\n<meta name=\"description\" content=\"The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?\" \/>\n<meta property=\"og:description\" content=\"The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-26T23:00:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-26T15:34:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365\" \/>\n\t<meta property=\"og:image:width\" content=\"648\" \/>\n\t<meta property=\"og:image:height\" content=\"365\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Best Owie\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/BestOwie\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Best Owie\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\"},\"author\":{\"name\":\"Best Owie\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\"},\"headline\":\"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?\",\"datePublished\":\"2023-09-26T23:00:18+00:00\",\"dateModified\":\"2023-09-26T15:34:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\"},\"wordCount\":446,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365\",\"keywords\":[\"ETH\",\"ETH news\",\"ETH open interest\",\"eth price\",\"ETH price performance\",\"ethereum\",\"ethereum news\",\"Ethereum open interest\",\"ethusd\",\"ETHUSDT\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\",\"url\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\",\"name\":\"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365\",\"datePublished\":\"2023-09-26T23:00:18+00:00\",\"dateModified\":\"2023-09-26T15:34:32+00:00\",\"description\":\"The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365\",\"width\":648,\"height\":365,\"caption\":\"Ethereum open interest\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d\",\"name\":\"Best Owie\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g\",\"caption\":\"Best Owie\"},\"description\":\"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/BestOwie\"],\"url\":\"https:\/\/wncen.com\/author\/owiebest\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?","description":"The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?","og_description":"The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark.","og_url":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-09-26T23:00:18+00:00","article_modified_time":"2023-09-26T15:34:32+00:00","og_image":[{"width":648,"height":365,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365","type":"image\/jpeg"}],"author":"Best Owie","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/BestOwie","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Best Owie","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/"},"author":{"name":"Best Owie","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d"},"headline":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?","datePublished":"2023-09-26T23:00:18+00:00","dateModified":"2023-09-26T15:34:32+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/"},"wordCount":446,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365","keywords":["ETH","ETH news","ETH open interest","eth price","ETH price performance","ethereum","ethereum news","Ethereum open interest","ethusd","ETHUSDT"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/","url":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/","name":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365","datePublished":"2023-09-26T23:00:18+00:00","dateModified":"2023-09-26T15:34:32+00:00","description":"The Ethereum open interest has been on an upward trajectory that has culminated in it crossing the $5.2 billion mark.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365","width":648,"height":365,"caption":"Ethereum open interest"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b236087b2f145ce081dea57a73bc356d","name":"Best Owie","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/655d8eb59d2a39996a726112b46c1492?s=96&d=mm&r=g","caption":"Best Owie"},"description":"Best Owie is a seasoned managing editor with a wealth of experience currently serving as the Managing Editor at NewsBTC. Best is a highly skilled professional with a track record of producing engaging and informative content. With a keen eye for detail and a passion for accuracy, Best is committed to ensuring that each article published meets the highest standards of quality. Best has over six years of experience in the crypto industry and has overseen the creation and publishing of thousands of articles over the years. Best is always abreast of everything that is going on in the crypto industry in order to create and curate the most relevant content for readers. This shines through in Best\u2019s publications, which are always clear and concise, enabling easy reading and understanding for all. Best is also an avid learner and advocate for new technology. This has seen Best dive into topics in areas such as decentralized finance (DeFi), non-fungible tokens (NFTs), Layer 2 blockchains, etc. In addition to this, Best is a vocal member of the crypto community across various social media platforms such as X and Reddit. Best\u2019s work garners tens of thousands of readers monthly, who rely on the information in these publications to keep up-to-date with everything happening in the crypto community. Best\u2019s articles explore breaking news, intricate systems such as yield farming, liquidity pools, and other decentralized finance (DeFi) systems. This is because Best understands the importance of information to gaining financial freedom and believes that everyone should have access to this information. Best also believes in leveraging the blockchain for philanthropy to create the most positive social impact. This involves work with charitable organizations focused on financial literacy and education. With each article, Best lends a voice to important issues such as a more financially inclusive future, transparent systems for growth and development, and technology that is not self-serving but one that serves all of humanity. When not curating engaging content, Best can be found reading a book with a cup of hot chocolate, enjoying a Netflix series, or exploring the outdoors with Green - the world\u2019s most quiet and well-behaved Husky. Best\u2019s interests also span other industries such as art, finance, and security, attending seminars and conferences in not just the crypto industry but other industries as well. As an animal lover, Best is also involved with charities for animals, local shelters, and rescues. Best is also involved in local events that promote inclusivity, such as being a prominent member of hiking clubs and a cycling club, as well as being a part of a very happy group of animal lovers. Best is a true professional in every sense of the word, with an exceptional dedication to producing high-quality work. This shines through in Best's work on and off the clock. These include advocating for inclusive crypto education for all, the impact of financial illiteracy, and the benefits of adopting new technologies such as cryptocurrencies. Best\u2019s prolific career in the media industry is a testament of how hard work and dedication pays.","sameAs":["https:\/\/www.linkedin.com\/in\/best-owie-41a150178\/","https:\/\/x.com\/https:\/\/twitter.com\/BestOwie"],"url":"https:\/\/wncen.com\/author\/owiebest\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?","url":"http:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/ethereum\/ethereum-open-interest-5-billion\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Best Owie"}],"creator":["Best Owie"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","eth news","eth open interest","eth price","eth price performance","ethereum","ethereum news","ethereum open interest","ethusd","ethusdt"],"dateCreated":"2023-09-26T23:00:18Z","datePublished":"2023-09-26T23:00:18Z","dateModified":"2023-09-26T23:00:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Open Interest Barrels Past $5.2 Billion, Is It Time To Buy?\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-open-interest-5-billion\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/ethereum\\\/ethereum-open-interest-5-billion\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Ethereum-open-interest.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Ethereum-open-interest.jpeg?fit=648%2C365\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Best Owie\"}],\"creator\":[\"Best Owie\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"eth news\",\"eth open interest\",\"eth price\",\"eth price performance\",\"ethereum\",\"ethereum news\",\"ethereum open interest\",\"ethusd\",\"ethusdt\"],\"dateCreated\":\"2023-09-26T23:00:18Z\",\"datePublished\":\"2023-09-26T23:00:18Z\",\"dateModified\":\"2023-09-26T23:00:18Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/09\/Ethereum-open-interest.jpeg?fit=648%2C365","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/552954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/541"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=552954"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/552954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/552976"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=552954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=552954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=552954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}