Ethereum futures open interest has returned to pre crash levels, even as . Ethereum Open Interest Recovers as Price LagsEthereum open interest has climbed back to levels seen before the Oct. 10 selloff, even as Ether’s price remains far below its earlier highs, according to futures data shared by market analyst Ted Pillows. Data from Binance futures shows open interest rising steadily through November, December, and January, reaching roughly the same range seen before the mid-October liquidation event. Ethereum Open Interest vs ETH Price. Such gaps between open interest and price often emerge when speculative positioning grows faster than demand in the spot market.