By Isaac • October 12, 2026 7:21 pm •
Ethereum’s price is only part of the risk traders are carrying into the next major move.
Binance now holds 49% of all Ether futures open interest, according to a fresh CryptoQuant analysis. That is the exchange’s largest share since 2023.
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Put plainly, nearly half of the Ether committed to futures markets is now sitting on Binance derivatives. The finding shows how much of the market’s leverage depends on one venue’s machinery.
Binance now holds 49% of ETH Open Interest, a record since 2023
“Nearly half of all ETH committed to futures markets now sits on Binance derivatives.” – By @Darkfost_Coc
Full analysis ⤵️https://t.co/x993fXhIQc pic.twitter.com/1cDOahdUbf
— CryptoQuant.com (@cryptoquant_com) October 12, 2026
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