Traders say Ether’s declining open interest and futures funding rates could set the groundwork for a significant short squeeze on bearish leveraged positions and a rally to $2,500.
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Ether price prediction markets bet ETH will hit $5K by end of August

ETH traders and bets on Polymarket predict that Ether price will hit $5,000 before the end of August.
BitMine snapped up 34% more ETH last week as prices dipped

BitMine’s massive ETH accumulation accelerated last week, adding 110,288 Ether to its $12.5 billion treasury as it targets 5% of the total supply.

