ETH Open Interest Plummets 50% - Since August, Ethereum futures holdings have directly experienced a 50% slump. The logic behind this is clear: institutions and Large Investors are rapidly closing leveraged positions. The speculative component of the entire market is quickly cooling off, and risk exposure is significantly shrinking. In simple terms, the frenzied leveraged speculation is cooling down, and market pressure has alleviated considerably. Changes in the holdings structure often explain issues better than the price itself - this significant decline reflects that participants are reassessing position risks.