Ethereum open interest down 0.4%... on a 24-hour basis

Ethereum's aggregate exchange open interest fell 0.4% over 24 hours as of 4:52 p.m. on the 8th, according to Liqwall, while Binance priced ETH at $2,232.36, down 0.45% on the day within a $2,221.27–$2,248.15 range. The decline follows a sharp selloff on the 5th, when ETH dropped 7.70% to close at $2,238 after hitting a low of $2,206.3, well below the 4th's $2,450 high and $2,424.6 close. The modest open-interest contraction alongside flat spot pricing suggests leverage is being trimmed rather than rebuilt after that slump. Traders will watch whether open interest stabilizes near these levels and whether ETH can reclaim the $2,400s it lost earlier in the week.