Ethereum futures are showing a bullish shift as funding rates rise, indicating increased buying activity among futures traders. This uptick in demand suggests that market participants are becoming more optimistic about Ethereum’s short-term price potential. #Ethereum Futures Signal Bullish Shift “The rise in funding rates indicates an increase in buying activity among futures traders, signaling that market participants may be turning more bullish.” – By @ShayanBTC7 Link 👇https://t.co/8sSZpBCCTv pic.twitter.com/5XuWKAIfWG — CryptoQuant.com (@cryptoquant_com) September 25, 2024 In addition to the futures market, Ethereum’s burn rate has skyrocketed by 163% over the past week. Historically, surges in burn rates have preceded price increases,
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