, the number of Ether contracts that have not been settled has doubled to just over $8.43 billion.
In September alone, the total derivatives volume for Ether was close to $87 billion, compared to over $67 billion for Bitcoin. This reflects on the growing sentiment towards Ethereum in the crypto-markets. The Merge euphoria can be seen in ETH’s price too. According to CoinMarketCap, ETH was trading at $1,546 at press time after seeing more than 3% gains over the week.Despite the recent uptick in market sentiment, some issues continue to persist for Ethereum. The Merge itself poses some issues for Ethereum, as reported
. However, during the anticipation of the Merge, there have been growing exchange inflows in recent days too., Exchange Inflow Volume just hit a 1-month high of 12,091.061 ETH. Glassnode also claimed that over $500 million worth of ETH have seen their way into exchanges in the past 48 hours.
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