According to Crypto Rover, ETH futures open interest has surged to a new all-time high, surpassing $40 billion as of June 11, 2025. This milestone reflects increased institutional and retail participation, signaling heightened market volatility and liquidity for Ethereum (ETH). Traders should closely monitor funding rates and liquidation data as the elevated open interest could lead to sharper price swings and potential opportunities for both long and short strategies. The surge in derivatives activity also highlights ETH's growing dominance in the crypto market, potentially influencing short-term price action and trading volumes. (Source: Crypto Rover, Twitter)